Not to many. That is my point.
You need to see many go under before we have a bottom.
We are still a long way from that. level
It may not reach $25. But still at $35 or even at $45.
Many will be in a massive whole. The only ones that have
any chance of surviving are those with lots of cash and little to no debt.
And FMG is not one of them. They are the biggest debtor of all.
Shorters Beware CS sees rally ahead in iron ore, page-27
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Last
$18.99 |
Change
-0.185(0.97%) |
Mkt cap ! $58.74B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.17 | $18.92 | $42.12M | 2.164M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4843 | $18.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.00 | 2414 | 10 |
View Market Depth
| Last trade - 11.20am 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |