FMG 1.46% $21.54 fortescue ltd

Iron Ore Price, page-1257

  1. 305 Posts.
    I haven't read the full rio report yet, but see they only made a net profit of $800m, which to me seems incredibly low e given on rough numbers I was expecting fmg to sit between $500 and $700m? Also read they expect to return $6b to shareholders this year?? How are they doing that when they're only netting $800m and increasing debt by only a $1b? What am I missing?? Will have to get off my ass and read the full report I guess
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$21.54
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