Yep. That's what will happen if IO prices stay at these levels.
I just had another look at their half-year report, and their Accounts Payable balance has been steadily maintained. No effort to fudge their cash position by holding back bills like some other companies have done.
Iron ore price, page-218
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$25.66 |
Change
0.090(0.35%) |
Mkt cap ! $79.00B | |||
| Open | High | Low | Value | Volume |
| $25.72 | $25.86 | $25.63 | $77.37M | 3.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11417 | $25.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.70 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$25.72 |
Change
0.090 ( 0.55 %) |
||||
| Open | High | Low | Volume | ||
| $25.72 | $25.86 | $25.64 | 785342 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| FMG (ASX) Chart |