FMG 2.99% $20.35 fortescue ltd

Iron ore price, page-30189

  1. 2,136 Posts.
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    In 2 weeks time (on 29 April) FMG will announce their March 2021 Quarterly Results.

    It will be the most profitable Quarter in the history of the company.

    The Full-Year dividend is on track for (minimum) AUD$2.00 a share.

    It simply defies logic that the share price is at AUD$20.00

    That's a (6 month) Yield of 10%!!!! Fully-Franked that's almost 15%!!!!!

    This is the 7th largest company on the ASX with a Market Cap of $62 Billion for gods sake?????

    The ASX is an absolute joke.


 
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