FMG 2.99% $20.35 fortescue ltd

@PilbaraBoyMy arithmetic for the past three months is as...

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    @PilbaraBoy

    My arithmetic for the past three months is as follows:

    Average for 62% Platts @ $89 USD. Assuming 85% of that will be roughly $75 USD.
    3 month AUD/USD average of around 65 cents. I realise it's lower at the moment but am working on averages.
    FMG has more capital costs this half so will have to factor that in...

    A 65% payout ratio in this environment would still be grand.

    Baron

 
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