FMG are getting closer and closer to being a marginal producer and they're carrying a whole lotta debt.
They just sold off the power station and thats probably going to ease the debt burden short term - but build up the cost per tonne of their product.
Its a scary time to be a holder because the global goodtimes are wrapping up.
nev power expects io to rebound over $120 soon, page-29
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Last
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |