I think you hit the nail on the head.
This company is literally printing cash.
Imagine they pay another 20-30 cent dividend in 6 months time.
That's almost 10% FF on today's price.....
Iron ore price, page-10343
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Last
$17.56 |
Change
0.070(0.40%) |
Mkt cap ! $54.80B | |||
| Open | High | Low | Value | Volume |
| $17.56 | $17.84 | $17.43 | $58.81M | 3.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4029 | $17.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.57 | 4963 | 19 |
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| Last trade - 11.42am 18/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |