FMG 3.61% $20.10 fortescue ltd

FMG - 2021 Interim Dividend, page-457

  1. 2,136 Posts.
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    While some are hyper-ventilating about the rising Aussie dollar on FMG's earnings ... thought you might be interested to compare this:

    Today Afterpay reported a Net Loss (for the 6 months through December) of $76.5 million. This compared with a $28.9 million Net Loss a year earlier. Afterpay declared they are NOT paying a dividend.

    Afterpay's Market Cap is currently $39 Billion!!!! The 12th largest stock on the ASX. What an absolute joke.

    FMG, making annual Net Profit of $12 BILLION and paying out an annual dividend Yield of 14% - has a Market Cap of just $77 Billion.

    FMG should be $50 a share.

 
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