Post-dividend dream run if:
- debt reduction announced
- discovery
- acquisition
- spike in IO price or remains at or above $100mt
- Vale incident (without loss of life)
- China/US trade talks concluded with favourable outcome
- Hydrogen positive update
Hoping that ex-dividend the sp only falls by 20.00 to 30.00 cents, and stays above $8.80 as the new base.
AUD is also adding extra cash and profit, experts predict further decline on cards to USD$0.65
i recall they are using USD$0.70 to $0.75 for forecasting purposes
My opinion only, have been totally wrong on many occasions over the last 7-8 years with FMG as vested interest in shorting this stock
Iron ore price, page-12459
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |