You bought into FEX for the dividend, correct?
What sort of dividend did you expect? I've posted many times that the upper limit to any dividend I expected was 2c, add 1c for franking, plus perhaps a few more exiting and you expect 3-5c drop in SP?
Hence in my scenario, the dividend alone cannot explain the recent drop. It has to be related to multiple variables.
As I eluded to earlier it's more complex that just the dividend.
Did people expect that JW would distribute >5.25c which is the maximum they have distributed thus far. Let's add another 5c for the same reason above (FF etc) and a 10.5c drop would be expected.
The high was 44.5c and it's now sitting at 24.5c. 20c > 10.5c, so what are the other variables?
- Forums
- ASX - By Stock
- FEX
- Price of Iron Ore
Price of Iron Ore, page-1773
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FEX (ASX) to my watchlist
|
|||||
Last
25.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $180.1M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 24.8¢ | $9.131K | 36.53K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 142936 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 243344 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 142825 | 0.245 |
34 | 483032 | 0.240 |
11 | 256607 | 0.235 |
16 | 1257476 | 0.230 |
10 | 543647 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 243780 | 9 |
0.255 | 133616 | 8 |
0.260 | 302768 | 9 |
0.265 | 163974 | 8 |
0.270 | 159910 | 3 |
Last trade - 11.46am 11/09/2024 (20 minute delay) ? |
Featured News
FEX (ASX) Chart |