Anyone taking a view on what impact FFI will have on the medium term dividend posn?
One view is that assuming FMG don't lever up to pay for FFI, the divs should drop a bit as the funding for FFI will continue to be material. My guess is to cover the dividend the debt does lever up a bit (assuming the Iron Ore price holds up) until FFI lands a profitable business and then the ball game changes.
Iron ore price, page-48524
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$21.68 |
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Mkt cap ! $67.21B | |||
| Open | High | Low | Value | Volume |
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