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
$22.98 |
Change
-0.220(0.95%) |
Mkt cap ! $70.75B | |||
| Open | High | Low | Value | Volume |
| $23.08 | $23.35 | $22.94 | $88.10M | 3.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1256 | $22.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.00 | 1300 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$22.98 |
Change
-0.220 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| $23.06 | $23.34 | $22.95 | 795484 | ||
| Last updated 16.10pm 17/06/2024 ? | |||||
| FMG (ASX) Chart |
