I raise an issue of DEBT that FMG has and that which it will incur in the near future, IF its projects are to reach fruition. You all seem to like comparisons, so I give one - OXIANA / ZINIFEX..... OZL - Look what happened.
FMG is in a far more precarious position ( imo ) and with the bursting of the Fe Bubble, companies like FMG may find survival, difficult. Magnetite "hopefuls" will almost certainly fail in the coming year/s.
Has the Fe Bubble burst - The world events of current times appear to indicate such. However, I could be wrong but I hestitate to take a "punt" on Fe stocks - FMG included.
:) Fishhy
labour will lose an election by a landslide, page-13
-
- There are more pages in this discussion • 8 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |