Wow that's a lot of stock. I'm assuming that's leveraged?
Good post. Divvy will be interesting. So far they've gone for the policy of smiling through gritted teeth as if the plunge in IO hasn't hurt them at all. Based on that I wouldn't be surprised if they paid the divvy. But as you say that would be a folly given their stack of debt.
Costs are about as good as they'll get imo. Oil jumped up on Friday.
Plenty to ponder.
Reality check, page-2
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |