It all depends how quickly FMG wants to pay off the debt. At current prices they can still comfortably pay 12 to 20c in divis.
Anyway, the last 6 months have been great for the company in which they've managed to pay $1B off early.
Iron ore price, page-776
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Last
$25.32 |
Change
-0.730(2.80%) |
Mkt cap ! $77.95B | |||
| Open | High | Low | Value | Volume |
| $25.73 | $25.73 | $25.31 | $100.9M | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11282 | $25.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.45 | 12103 | 4 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$25.38 |
Change
-0.730 ( 2.72 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.72 | $25.31 | 658322 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| FMG (ASX) Chart |