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...
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |