Hehe, whenever Baukaw say cracks starts to appears on DOW, DOW put on nearly 200 points.
Oh, Baukaw, you've done it again!
FMG found a floor at $6.40.
IO Future found a floor at 600 yuan.
Physical Market still trading at US$80+ (thin volume), volume will start to pick up next week and full steam ahead the week later.
FMG still making US$550M+ a month at current price.
Now Cash at bank: US$1750M, end of Feb: US$2300M estimated.
I say do a FAT dividend (A15c - US$350M), and a buy back (A$500M - US$380M), and more debt repayment (US$500M) - All Together.
I use to against a buy back because SP seem to follow closely it's true value, but it's been manipulated so badly during Christmas New Year and ever since, I say bring on the BUY-BACK.
Now back to my retirement, hehe.
DYOR.
Frank.
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Last
$22.28 |
Change
-0.200(0.89%) |
Mkt cap ! $69.21B |
Open | High | Low | Value | Volume |
$22.37 | $22.41 | $22.21 | $13.18M | 590.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3904 | $22.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.28 | 864 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2991 | 22.280 |
10 | 3521 | 22.270 |
12 | 7689 | 22.260 |
12 | 7951 | 22.250 |
13 | 10536 | 22.240 |
Price($) | Vol. | No. |
---|---|---|
22.290 | 1066 | 12 |
22.300 | 3471 | 15 |
22.310 | 4083 | 15 |
22.320 | 2816 | 11 |
22.330 | 2130 | 8 |
Last trade - 10.34am 16/07/2024 (20 minute delay) ? |
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