FMG 3.48% $19.96 fortescue ltd

Ann: Quarterly Production Report, page-3

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  1. 5,812 Posts.
    lightbulb Created with Sketch. 1785
    The div would have been paid in Oct so it would have increased by about AUD 650 or USD 450. Some of the divvies would have been issued in shares in lieu of cash so it may be lower.

    The net result is likely to be about USD 500m of net debt by the end of Oct and by the end of Nov....maybe less than the average home loan
 
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