If FMG is not ex-div today, based on so many positive news last 2 days, FMG would be $6.30 by now.
Started with USA GDP, then China Manufacturer PMI, then China Steel PMI, plus all the money coming back to Futures since yesterday.
If SP finished at $5.90 today, plus $0.25c dividend, plus $0.107 franked credit, then effectively SP would be $6.257, close to it's true value of $6.30.
I won't be surprised if SP make a run this afternoon, I said this yesterday:
"Wouldn't it be nice if SP just drop 1c tomorrow and we all pocket 25c dividend plus franked credit"
That will make the closing SP $6.00. Wouldn't that be nice!
DYOR.
Frank.
Iron ore price, page-2813
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Last
$21.21 |
Change
-0.310(1.44%) |
Mkt cap ! $65.30B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.64 | $21.15 | $128.2M | 6.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3190 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.22 | 1058 | 2 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |