Divy yields old mate, instos that love their divy yields were never going to allow this to drop to far below $4.50 for to long.
Just wasn't going to happen while FMG is paying divys at current levels!
Divys will have to be lowered(seen no sign of this) for this to get anywhere near $4 again.
Fmg is not ruled by the IOP to the down side only, IOP would have to fall significantly to put doubt on divy yield going forward, imo.
fmg and fe, page-1833
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Last
$22.62 |
Change
0.700(3.19%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $131.3M | 5.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 6416 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |