Think the divvy will be about $1.36 next week. All depends if its 50% or 80% of the profits going towards the divvy.
Earlier this year FMG stated that the next divvy would be on profits starting at 50% and heading up to 80%.
People in here seem to have forgotten about that.
Last divvy was 76c on a lower percentage of profits.
Its why I think we will see a far larger divvy than anyone is expecting to see.
It will be all over the news next Monday night then watch the stock soar as many will dump other shares to join the rush across to FMG.
Iron ore price, page-23254
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Last
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9760 | $21.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.27 | 7866 | 4 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |