The problem is that past dividends were based on a 3yr average MN price of $3.53 and a 5yr average MN price of $4.12. Current average FOB price PE is $2.72 much lower profit. I recall a dividend yield of 20% on this stock years ago but will be hard to pay a yield of 10% at these MN prices. Just hope it pushes some other miners out of business, China needs more steel and we don't spend much Solar Install and EV Battery research.
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $837.4K | 5.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 904769 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 531602 | 6 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| JMS (ASX) Chart |