FMG 1.63% $21.76 fortescue ltd

FMG Feb 2022 Div Guesses, page-49

  1. 442 Posts.
    lightbulb Created with Sketch. 177
    Assuming a cost of production of around 42USD per tonne. Water content of 7 to 8%. Average exchange rate of around .73 US cents. 93.5 million tonnes sold.

    I think the 1st qtr averaged 118US cents. 2nd qtr was 74US cents.

    I came to a net profit of around 6 billion aud.

    Take away the tax component and then assuming a payout of 80%.

    I came to a result of around 1.09aud half dividend per share.

    3rd qtr is shaping up to be more like above 100USD per tonne.


    Overall I am still happy.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.76
Change
0.350(1.63%)
Mkt cap ! $66.99B
Open High Low Value Volume
$21.49 $21.76 $21.32 $97.85M 4.532M

Buyers (Bids)

No. Vol. Price($)
3 1380 $21.75
 

Sellers (Offers)

Price($) Vol. No.
$21.77 28571 3
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.