Hi spuza
Stop talking B.S. You reduce the assets and you reduce the capital by the same amount. Zero effect on the balance sheet.
Stop the garbage about investing in yourself.
You do share buy backs when you have excess cash for which you cannot see investment opportunities. This is hardly the situation with FMG. Hence its a nonsensical discussion anyway.
Pear
Iron ore price, page-6574
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |