FMG 0.87% $21.71 fortescue ltd

i agreeat the endow the dayat current prices and assuming...

  1. 2,425 Posts.
    lightbulb Created with Sketch. 26
    i agree

    at the endow the day

    at current prices and assuming discount never improves we have over $1 per share in free cashflow

    the twig could offer $6 for minorities and pay off debt and own the company himself in less than 10 years - prob less than 6 - and thats assuming the margin discount doesn't get better

    private equity could even look at this, or a company like wesfarmers? given the cash they releasing from asset sales and coles - wishful thinking probably
 
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