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
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |