FMG 3.61% $20.10 fortescue ltd

sohoisnotforsaleThe drop can not go on forever it has to stop at...

  1. 3,337 Posts.
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    sohoisnotforsale

    The drop can not go on forever it has to stop at zero.

    From my broker reports FMG would be able to make themselves cashflow positive (just) at these levels. The larger issue is any refinacing that will need to be done due to their now lower credit rating and the fact that US debt markets are effectivly closed to FMG at present
 
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Last
$20.10
Change
0.700(3.61%)
Mkt cap ! $61.88B
Open High Low Value Volume
$20.26 $20.49 $19.94 $337.2M 16.71M

Buyers (Bids)

No. Vol. Price($)
2 38056 $20.09
 

Sellers (Offers)

Price($) Vol. No.
$20.15 20000 1
View Market Depth
Last trade - 16.10pm 27/09/2024 (20 minute delay) ?
FMG (ASX) Chart
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