After franking credits was I so wrong.
After franking credits I think its $1.12
Last div was based on average selling price of $81US/t.
Don't suppose you've noticed that its now consistently above $120/t US
Currency still low at around $0,72US
I am expecting at least $40,000 a year from now on in.
Shares pay for themselves even if bought now inside 8 years.
FMG will eventually expand selling more ore and the share price will go back up even higher.
Why do you think Forrest brought another 6 million shares recently.
Iron ore price, page-24474
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Last
$18.29 |
Change
0.150(0.83%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.14 | $18.38 | $18.02 | $164.0M | 9.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10275 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 2897 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |