Hi Stipe
My point was not about their profit margin, according to me they still have approx $10 margin but by Nev.P comments on that vid it sounds more like Approx $13 unconfirmed both of which is good when multiplied by the volume.
I read on google search that they pay about $600mil this upcoming div, so with Feb's + this upcoming one thats over $1B this year (I could be wrong maybe someone can confirm this)
That's an extra $1B that could have been whacked of the debt which i think would have given holders more bang for their buck and kept the huge price manipulation at bay.
Regarding the AU$ I somehow feel it's going to climb back up over 95 cents, with the huge amounts of mineral exports its only natural for the dollar to stay high
iron ore price, page-62
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Last
$16.18 |
Change
0.060(0.37%) |
Mkt cap ! $49.84B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.29 | $15.91 | $42.75M | 2.650M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4680 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.18 | 4772 | 9 |
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| Last trade - 11.18am 09/09/2024 (20 minute delay) ? |
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