If Cash at the bank at end of March is US$1.9B and Gloss Debt is US$4.156B:
Net Debt = US$2.256B at 19.5% gearing.
At IO average of US$70 for the rest of the year, FMG will be NET DEBT ZERO by November this year. I already allowed A30c finial dividend. (A50c full year dividend - 40% pay out)
I can't justify any selling at current SP, but that's Market for you.
DYOR.
Frank
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B |
Open | High | Low | Value | Volume |
$18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 150 | $18.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.50 | 4305 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 18.460 |
1 | 200 | 18.450 |
1 | 390 | 18.440 |
1 | 46 | 18.430 |
1 | 100 | 18.420 |
Price($) | Vol. | No. |
---|---|---|
18.500 | 4305 | 5 |
18.510 | 100 | 1 |
18.530 | 1251 | 2 |
18.540 | 1186 | 2 |
18.550 | 15214 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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