Hey Franky, based on your NPAT analysis of the current 6 month period to 30 June '19 (which is pretty close to the $2.5 Billion - $3 Billion that I've calculated will be generated if iron ore prices stay at these levels) I'm keen to hear your thoughts on possible full year divy to be paid in September?
Reckon we could be looking at around 40c-50c a share?
If Labor win in May and proceed to scrap dividend franking credits as they've stated, then all bets are off and I think FMG might just return 60c to shareholders.
Iron ore price, page-10811
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$17.27 |
Change
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Mkt cap ! $53.06B | |||
| Open | High | Low | Value | Volume |
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