FMG 5.04% $17.50 fortescue ltd

Iron Ore Price, page-13732

  1. 3,510 Posts.
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    Frank

    So today high was $6.33 just $0.02 shy of highest close for past few years

    Announcement should add minim $0.20 to $0.30 to the sp

    And like you said feb/march 2017 we will see the sp above $7.00 for sure

    What do you reckon the dividend will be $0.03 again or higher, I prefer debt reduction for now rather than dividends, interest savings going forward mean more profit, higher sp and future dividends
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