Fantastic news/article (and thanks for sharing) - but it also isn't new news. This was also flagged in a similar article a few months back (when the SP started with a '3').
I guess what has changed now is the current profit margin - so FCF to allow FMG to spend a bit extra (either on dividends or off-market-buyback).
It would be nice to know what the preference is - i.e. would they look at buying some of Twiggy's shares - or would they prefer to pay a special dividend? Gut feel is the second option, but that is based on zero information or knowledge...
FMG to pay a Special Dividend..., page-2
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |