Hotfire,
Read through my verg detailed posts over the last few days and you see my very detailed comments and analysis of AGO. All based on numbers and facts from financials. Happy to answer any questions. I have posted on FMG and ARI as well.
Most recent FMG post...
Looking at FMG franking credits balance...
Annual Report 2013 Balance = 652m
Dividend paid Oct 13 = (132m)
1H14 Tax = 694m
Dividend paid Mar 13 = (132m)
Total $US1,082
or $AUD 1,157
Which 37 cents a share or 8% of Market Cap!
In effect a $0.37 dividend there for shareholders in a few years when they can release them via dividends or buyback!
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