A run-up to the dividend would be unsurprising provided IO prices stabilize (or better) and I am positioned for such an event myself, although in reality, the market is only going to be prepared to pay so much for a $2 + something dividend.
The idea that some people have of the stock going from $23 to $40 for a $2 + something dividend, is in the straight-jacket zone.
Iron ore price, page-32722
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Last
$17.94 |
Change
-0.350(1.91%) |
Mkt cap ! $55.23B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.24 | $17.92 | $112.0M | 6.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 440 | $17.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.95 | 10018 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |