"1. Some $75 billion has just been unleashed onto the market in the form of dividends from the banking an iron ore sector. That money is now looking for a new home. "
And that from one source whose holders would be relatively in the know regarding battery metals - or at least Greening the Globe;
"On the ASX, Fortescue did the major damage as expected, going ex-dividend for its biggest ever payout to shareholders of $2.11 per share, to be doled out..."
I think that broke my calculator, but let's put that into perspective; FMG SOI;
$2.11 x 3 078 964 918 = $6.5 billion roughly.
That's just for FMG alone!
"When this finally happens and we are watercooler discussion fodder we have arrived."
Well, I know of at least one place this is happening, but would be telling tales out of school, so I bite my tongue. lol
Sorry, but had to fine you a GA for this post.
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