We are still at $6.66 with the divi, Devils number LOL. still only 10% of the highs of 18 of 2 year ago. Vale was producing 400mil tones "circa" back in 2017 feb, FMG rose to $7.27 at that time based on huge NPAT, and the fact they had paid massive debt down.
the sh-t hit the fan and the price slowly went down. FMG even with VALE back to near full production will make massive profits for at least the next 3-6 months, so will be returning a massive full year NPAT, and either have a massive Divi, pay of debt ( if they are allowed to) or diversify.
White annoying - noise at the minute, very annoying,
I recall after divis being announced we went from $6.80 odd to $5.94, then back to $6.96 , before yesterday and todays combined reduction.
The share market is a transfer of funds from the impatient to the Patient. Confucius says?
Kind regards
MJAK
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$21.92 |
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0.350(1.62%) |
Mkt cap ! $67.49B |
Open | High | Low | Value | Volume |
$21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $21.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.93 | 18370 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2796 | 21.900 |
3 | 1560 | 21.890 |
4 | 21941 | 21.880 |
3 | 26259 | 21.870 |
4 | 26276 | 21.860 |
Price($) | Vol. | No. |
---|---|---|
21.930 | 11100 | 5 |
21.940 | 3030 | 3 |
21.950 | 7667 | 5 |
21.960 | 3333 | 1 |
21.970 | 6000 | 2 |
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