FMS News: Is Flinders Mines (ASX:FMS) Using Debt In A Risky Way? - 16th Mar 2022, 3:43pm

annb0t

Top 20
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says 'The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.' So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a company. We can see that Flinders Mines Limited (ASX:FMS) does use debt in its business. But should shareholders be worried ...

>>> Read more: Is Flinders Mines (ASX:FMS) Using Debt In A Risky Way?
 
Top Bottom