Hey defabs, I'd happily take an iron ore price at USD$97 for eternity!
Based on USD$97, check out the following profit calculation:FMG annual production: 170 million tonnes
Iron Ore price: USD$97 a tonne
FMG average price received: Say USD$87 a tonne
FMG 'All in' cost: USD$45 a tonne (incl. C1,interest, depreciation, etc)
Net Profit: USD$7.14 BILLION
AUD/USD Exchange Rate: $0.685c
AUD Annual Profit: AUD$10.43 Billion
AUD Tax Paid (@30%): AUD$3.13 Billion
Available for Dividend Distribution: AUD$7.3Billion
Full year Dividend (60% payout ratio): AUD$4.38Billion … that’s $1.42 a share!!!!!!!!!!!!!!!!!
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B |
Open | High | Low | Value | Volume |
$21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9803 | $22.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.11 | 10620 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 22.090 |
1 | 1400 | 22.060 |
1 | 2500 | 22.050 |
1 | 135 | 22.030 |
3 | 1485 | 22.010 |
Price($) | Vol. | No. |
---|---|---|
22.110 | 6540 | 1 |
22.130 | 107 | 1 |
22.150 | 1623 | 2 |
22.160 | 455 | 1 |
22.180 | 1850 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |