I honestly have zero idea why people are so damn silly to think this is a sell... do you not realise you are doing exactly what the brokers want you to do?
FMG was roughly $25-$26 when it paid off $1.47 dividend and the IO price was roughly 160-180 odd
Now we have FMG estimated at a dividend anywhere between $2-2.50 and Iron ore price is settled in $200 with the price being $22.80
Are you seriously going to tell me there won’t be a run into September payment of the div and past with flying colours the share price for the low March div
it’s almost one of the safest bets IMO
god.
Iron ore price, page-31955
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Last
$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |