The smh on the 7 th had reported from Bloomberg That
15.9.% of fmg was shorted
The Afr is saying today it is believed only two thirds of fortescue lenders need to approve a relaxation of covenants for a deal to be struck.
And also it's unlikely an equity raising will occur as it remains last on the list for the company
Reading between the lines it's not all doom and gloom for fortescue.
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Last
$16.33 |
Change
0.070(0.43%) |
Mkt cap ! $50.27B | |||
| Open | High | Low | Value | Volume |
| $16.28 | $16.37 | $16.20 | $91.44M | 5.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $16.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.33 | 450 | 1 |
View Market Depth
| Last trade - 16.13pm 04/07/2025 (20 minute delay) ? |
| FMG (ASX) Chart |