FMG 1.09% $18.60 fortescue ltd

special dividend?, page-19

  1. 101 Posts.
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    @Nolan78 The manor that any sensible business operates in that the currency is BOOKED on the day the business is concluded otherwise there
    will an exposure in the event there is a sudden rise in the currency. Therefore the currency value will NOT apply to the business already concluded but will have an effect in 20222 dividend. No one here knows how the currency was covered by the traders at FMG and therefore bring in present values should not be taken into consideration.


 
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