Fortescue reports stronger cash position
David Ciampa
Fortescue Metals (FMG)
Its share price may have fallen 70 per cent over the past four months, but Fortescue bounced off Friday's 52-week low of $2.68 on Monday after announcing that it had increased its cash position by $432 million to $624 million for the third quarter.
Loading...
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Politics
Fetching latest articles