The missing factor in this discussion is the exchange rate and the price quotes in the respective currencies and where the A$/$US will be in the second half of this year and further out. This will affect revenue and therefore profits and debt levels / repayments.
If we knew where the iron ore price and the exchange rate were headed it would be better (almost) than the lotto numbers.
rethink about iron ore future, page-17
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Last
$19.03 |
Change
0.160(0.85%) |
Mkt cap ! $58.90B | |||
| Open | High | Low | Value | Volume |
| $19.38 | $19.38 | $18.99 | $117.7M | 6.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6777 | $19.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.03 | 4748 | 8 |
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| Last trade - 12.40pm 01/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |