FMG 0.35% $25.66 fortescue ltd

Hi mate,Man I hope you’re right, but I just can’t see those...

  1. 174 Posts.
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    Hi mate,

    Man I hope you’re right, but I just can’t see those numbers happening.

    I’m hoping for something in the range of $1.20 - $1.30. Which to be fair, is still big percentage jump from our last dividend. looking at the main differences from our last dividend period to this one, while impressive, I just can’t see as being almost twice as good this time around..

    At a very rough guess, and I could be wrong here, I’m seeing an improvement of profits of somewhere in the range of 30%.

    Sadly I don’t have the ability to put something together as you have just done, so take my opinion with a grain of salt, particularly given iron ore values could change.

    But this is where I see us currently.

    $1.78 would be one hell of a nice surprise though, and one that would attract a flurry of new investors!


    Last edited by shaggyshan: 11/11/20
 
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