Great recap mate.
I've sensed less optimism during the meeting however, mainly due to the uncontrollable market condition. There was not much highlight to give out.
I think if the coal price holds at current level, max div annually FF might be around $0.6-0.7 heavily weighted to the final div, but if the BHP purchase is to go ahead, probably we will be talking about 1/2 or maybe 1/3 of it. Nothing concrete, just a shot in the dark, they won't cut all div, but hard to imagine a heavy payout when funding is needed.
Great recap mate.I've sensed less optimism during the meeting...
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$6.40 |
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Mkt cap ! $8.450B | |||
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