Ashley, I believe after paying off another US$2B this FY, FMG‘s next move will be diversification, they will not buy expansive projects that cost US$1B+, M&A will be very selective. Buying other high cost IO juniors is not the answer as it will bring up FMG‘s cost, this will be a disaster really. FMG have enough IO in reserve for them to mine for many years to come.
I‘m willing to wait for the US$2B debt repayment, it only take 4 more months anyway, in investing term, it‘s like next week, hehe.
DYOR.
Frank.
- Forums
- ASX - By Stock
- FMG
- Where is FMG Heading
Where is FMG Heading, page-23
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.33 |
Change
0.570(2.88%) |
Mkt cap ! $61.91B |
Open | High | Low | Value | Volume |
$19.91 | $20.34 | $19.90 | $71.16M | 3.536M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 13112 | $20.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.33 | 3284 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 13284 | 20.320 |
14 | 10435 | 20.310 |
16 | 4751 | 20.300 |
8 | 3476 | 20.290 |
9 | 3464 | 20.280 |
Price($) | Vol. | No. |
---|---|---|
20.330 | 2495 | 12 |
20.340 | 16884 | 10 |
20.350 | 11148 | 13 |
20.360 | 6153 | 8 |
20.370 | 2529 | 7 |
Last trade - 13.08pm 07/10/2024 (20 minute delay) ? |
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
FMG (ASX) Chart |