FMG 1.45% $18.29 fortescue ltd

opening, page-18

  1. 96 Posts.
    ....and fearful when others are greedy.
    Pear, good shout.
    FMG need to get the gearing sorted, still a HUGE debt, and whilst they are out of the woods of potential bankruptcy, they are far from swimming in rivers of gold.
    longer term, acquisitions, diversification, it will all come. but this year, every dollar to debt. whilst its nice, id have been happier without the divvy and a lower debt/equity ratio. oh well, good beer money.
    short term i see a bit of a pull back on the cards, port inventories are high and there will likely be some spot weakness (which translates to the retail investor as the end of chinese demand altogether). i'll chuck a few more in the trolley should that occur, but unlikely until ex div.
    long term, i'll hopefully be swimming in those rivers of gold
 
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Last
$18.29
Change
-0.270(1.45%)
Mkt cap ! $56.31B
Open High Low Value Volume
$18.70 $18.72 $18.21 $125.1M 6.798M

Buyers (Bids)

No. Vol. Price($)
7 1792 $18.29
 

Sellers (Offers)

Price($) Vol. No.
$18.30 6329 15
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Last trade - 15.22pm 30/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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