FMG 0.97% $18.99 fortescue ltd

I’m relatively new to FMG, so they were planning on doing a...

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    I’m relatively new to FMG, so they were planning on doing a share buy back? Not as nice for us as fully franked dividend? What sort of time frame did they propose for this?

    theyve said they will pay back $200M of debt from cash, given that they’ve just refinanced the rest at 4.5% they may just leave it for now. Same interest rate as my offset account, I’m better of investing that than paying it back
 
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