Exactly the rubbish that's written here reference no dividend.
Fex, has no control over the Fe price.
They are a high cost producer with C1 costs at $78/ usd tonne.
Do the math and calculate the margins, after freight if Fe remains below $100 / usd, once the hedges expire.
Ann: FY24 Full Year Results, page-62
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26.5¢ |
Change
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Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 970130 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 91662 | 2 |
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