Interim 2022 dividend, page-10

Been saying for the last few months I think it will be $1.35 dividend.
People in here are forgetting that 10% of profits go into FFI now.

So on that basis I think it will be $1.35 dividend per share.

The average price for IO in July was over $200US/T, August it was $160US/T and September $115US/T.
It got as low as $85US/T but averaged out at about $100US/T since then and this month the average is probably going to be about $115US/T.

Bigger profits than last year as July 1, 2020 the IO price was $60US/T and climbed to about $118US/T.
Reverse pattern and now its climbing again due to Brazil and there out of control variant virus which started the IO price shooting up earlier this year.

History is repeating itself again.

IO at about $113US/T right now.

When ever they announce the dividend watch the stock drop like a brick. Happens every 6 months without fail.
The clever ones get out before then and come back to buy when its cheaper. Can make $10 plus a share and yes no franking
and no dividend if you sell before but look at the graphs.

Each to their own madness.