Well that's to our detriment, whilst we get dividends, US stocks get growth because of that reinvestment and trade at higher multiples as a result.
The point is, its all about the present value of future free cash flow, irrespective of whether that cash is eventually paid out or not.
Iron ore price, page-47760
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Last
$17.59 |
Change
0.930(5.58%) |
Mkt cap ! $53.17B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $229.1M | 13.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1609 | $17.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.59 | 2357 | 6 |
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| Last trade - 15.00pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |