FMG 1.43% $22.04 fortescue ltd

Iron ore price, page-8088

  1. 655 Posts.
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    Like your enthusiasm... however dividend was cut, as they had limited funds i.e. funds tied up with AGO, hence dividend was reduced along with reduced profit etc...the buy back has been announced to ease share holders concerns, we have an AGM in 4 weeks share holders are required to vote on salries/bonuses etc...they were looking at a share holder revolt, and many question would and still will be asked as to what has management been doing the past 2 years (asleep at the wheel) i suggest you attend and ask relevant questions to the management....share holder value has plummeted....whilst management has been paid millions of dollars....!!!!
 
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Last
$22.04
Change
-0.320(1.43%)
Mkt cap ! $67.86B
Open High Low Value Volume
$22.32 $22.41 $21.98 $158.0M 7.125M

Buyers (Bids)

No. Vol. Price($)
4 39363 $22.03
 

Sellers (Offers)

Price($) Vol. No.
$22.05 1722 4
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