You can't compare declared dividends alone.
Min payout ratio of Profit after tax is much less than FMG, which only says MIN is more of a capital growth company than FMG at this point. from memory FMG 80% to MIN 50%.
I must say MIN presentation pack is not straight forward to understand. They ae in development and exploration so it is a little difficult to get a clear trend, for me at least
I'm interested to hear others sensible thoughts on their accounts. Their price is definitely subdued related to lithium compared to $90 /share days. Hopefully it will return as the lithium sales gather pace and greater refinement of chemicals verses spod.
You can't compare declared dividends alone.Min payout ratio of...
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Last
$55.84 |
Change
-1.690(2.94%) |
Mkt cap ! $10.97B | |||
| Open | High | Low | Value | Volume |
| $57.22 | $57.42 | $55.84 | $61.69M | 1.091M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 383 | $55.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $55.85 | 730 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| MIN (ASX) Chart |