FMG has way too much debt simple must raise capital.
which would mean twiggy loses considerable control.
debt of $8.5b to net profit $1.5 is huge ratio of
5.5 to 1.
i say 1b shares at $2.50 will be the raising but the unknown is twiggy wont have the money to pay to bail himself out which would be abot $850m which the shorters
would know.
i may be wrong but some companies that were bankrupted had less debt ratios.
FMG has way too much debt simple must raise capital.which would...
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |