Hi Guys.
As we are only 4 weeks away from end of this half, I wanted to kick off a discussion around what the Interim Divvie is going to be.
I believe that we are looking at AUD$1.25 a share. My calculations are shown below. Happy to hear agreement or alternate thoughts...
FMG6 months production: 90 million tonnesAverageprice received: Say USD$105 a tonne
FMG'All in' cost: USD$45 a tonne (incl. C1 costs, interest, depreciation)
Net Profit: USD$5.40 BILLION
AUD/USDExchange Rate: $0.73c
AUD Half-year Interim Profit: AUD$7.40 Billion
AUDTax Paid (@30%): AUD$2.22 Billion
NetProfit available (for Interim Dividend distribution): AUD$5.18 Billion
InterimDividend @ 75% payout ratio (i.e 75% of $5.18 Billion) = AUD$3.89 Billion … or$1.25 a share
Hi Guys. As we are only 4 weeks away from end of this half, I...
-
- There are more pages in this discussion • 555 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.44 |
Change
-0.190(1.02%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4950 | 4 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |