FMG 1.20% $21.41 fortescue ltd

Will FMG be taken oven?, page-75

  1. 5,575 Posts.
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    TTT, I respect your opinion however if a company doesn't have debt they are wasting our money. Debt causes them to focus on expenditure, expansion, sales and overinflated workforce. If we didn't have Debt, why would companies need to CR we could all go merrily along until they spent all our money and then we would be in debt with no profit, no expansion and no control.
    IMO it has nothing to do with debt as they have continued to consolidate and reduce this debt. Production is good, Market is good but IO price is crap.
    I look forward to following your <$2 prediction however i believe in this company and will offer it my support by holding and trading my meagre offering.
    I see you dont hold however like most down rampers and promoters of other stocks that you may wish to get rid of, you are on this thread voicing your negative opinions.
    Cheers
 
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Last
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

Sellers (Offers)

Price($) Vol. No.
$21.41 12657 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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