Looking at the market peers I was not surprised at the announcement of no dividend.
Even giant FMG which is renowned for its dividend payments struggled to pay. 89 as final dividend.
All iron ore companies are using capital to increase assets and expansion to offset iron ore prices falling.
Why aren't FEX shareholders grateful that there is money to grow income to ensure future dividends.
Looking at the market peers I was not surprised at the...
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $190.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.5¢ | $352.2K | 1.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 342515 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 89917 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |