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.
The missing factor in this discussion is the exchange rate and...
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$21.71 |
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Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
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| No. | Vol. | Price($) |
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| 2 | 289875 | $21.68 |
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| Price($) | Vol. | No. |
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| $21.72 | 95078 | 4 |
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| FMG (ASX) Chart |