Great Quarterly Report. Record Production and Iron Bridge now starting to generate massive profits. Don't worry about some wanker of an analyst stating that the report missed "expectations".
We're still looking at a AUD$1.00 Fully-Franked dividend in September folks !!!!!FMG 6 mths production: 97 million tonnes
Average price received (for 6 mths): USD$98 a tonne
FMG 'All in' cost: USD$55 a tonne (incl. C1, interest, depreciation)
Net Profit: USD$4.171 BILLION
AUD/USD Exchange Rate: $0.66c
AUD Net Profit: AUD$6.320 Billion
AUD Tax Payable (@30%): AUD$1.896 Billion
Net Profit available (for Dividend): AUD$4.424 Billion
Dividend @ 70% payout ratio (i.e 70% of AUD$4.424 Billion) = AUD$3.097 Billion … or AUD$1.00 a share
Great Quarterly Report. Record Production and Iron Bridge now...
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3323 | $16.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 750 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |