FMG 2.47% $20.17 fortescue ltd

look at the bright side - any sharp reduction in dividends at...

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  1. 12,191 Posts.
    lightbulb Created with Sketch. 1304
    look at the bright side - any sharp reduction in dividends at previous highs would have been catastrophic to the sp... but we are at 1800 now, so ANY / EVERY negatives are already factored in...

    ......and if Twiggy wants to really shake things up, he can go a "bit" generous on the dividend this time and see the sp bounce up to low 20s in a hurry...

    so dividend will be a "non event" this time IF it is at par or even a few % below par... and with the upside of a nice 20-25% run up should it surprise us all with a few % above expectations...

    I don't mind holding for now, risk is limited (of course some more $1 billion sell pops up like the last 2 time)
 
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Last
$20.17
Change
-0.510(2.47%)
Mkt cap ! $62.16B
Open High Low Value Volume
$20.18 $20.38 $20.02 $160.6M 7.954M

Buyers (Bids)

No. Vol. Price($)
35 10029 $20.17
 

Sellers (Offers)

Price($) Vol. No.
$20.18 8356 38
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Last trade - 15.00pm 01/10/2024 (20 minute delay) ?
FMG (ASX) Chart
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