Greed???
In a few weeks time we'll get confirmation that FMG generated over AUD$4.0 BILLION in half-year PROFIT for the 6 months July-Dec 2019.
Half-Yearly dividend we are set to receive will be around 60 cents a share. If you annualise that & say the payout is $1.20 for the year, the yield is 10%p.a.
When you allow for full franking, a 10%p.a yield is equivalent to a grossed up yield of almost 14%p.a. (and that sure beats getting 1%p.a on a bank term deposit!)
Slange, I think its time you hoist the white flag buddy!
FMG Technical Analysis, page-4415
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.50 |
Change
0.620(3.28%) |
Mkt cap ! $60.03B | |||
| Open | High | Low | Value | Volume |
| $19.03 | $19.50 | $18.97 | $134.1M | 6.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $19.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 30744 | 25 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |