yes, no one (smart) will be shorting this before the dividend pays out.
Though I do wonder, if Labour wins on the weekend, they've announced a plan to change the franking credit system going forward, do you think that will have a negative impact on high dividend payers like Fortescue?
To be clear, I understand that the upcoming 60c dividend will not be affected by this.
short fmg, page-16
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |