RBA to cut the cash rate and announce QE on Thursday.
Aussie dollar could go down to US$0.59
In combination with iron ore at US$92 a tonne, oil at $31 a barrel (down from $62 just eight weeks ago), shipping freight rates plummeting, and a massive China Govt stimulus package due to be unveiled - you can see why FMG is continuing to rake in Billions in profit.
It's also why we will see the full-year dividend likely to be higher than the Interim 76c dividend recently announced.
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