I am sure that the future progress will take place step by step. if you have read ll the past comments from management it states very clear what they plan to do. Pay down debt. the future ideas and events are just that the future.
and sure the price will go up down and sideways but long term it will be going in the right direction.
i m sure fmg know they still have a debt. they have shown diligence in reducing that debt. the div was welcomed as a reward for holders. There is still plenty of cash to do both reduce debt and pay some out to share holders.
Keeping with this one as there is still a lot upside here.
opening, page-19
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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 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |