FMG 0.97% $17.32 fortescue ltd

Will FMG be taken oven?, page-25

  1. 2,304 Posts.
    I am talking total debt. Mmarket cap is 9.5b. Total debt is 9.56b. Total debt greater than their market cap. If you take of the cash they have, which is 2.4b. You are left with a Debt left is 7.16b. Regardless a bill here or there. They have a lot of debt. And if the IO price keeps dropping, at some point debt will be greater than revenues. Either way they are no in good shape IMO. There are better plays. Like MGX, BCI. Cheers.
 
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Last
$17.32
Change
-0.170(0.97%)
Mkt cap ! $53.29B
Open High Low Value Volume
$17.56 $17.84 $17.21 $133.2M 7.612M

Buyers (Bids)

No. Vol. Price($)
23 28896 $17.32
 

Sellers (Offers)

Price($) Vol. No.
$17.33 11079 35
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Last trade - 15.42pm 18/09/2024 (20 minute delay) ?
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