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
$20.21 |
Change
-1.110(5.21%) |
Mkt cap ! $62.56B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $207.7M | 10.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 9467 | $20.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.22 | 18887 | 32 |
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| Last trade - 15.44pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |