FMG 5.53% $20.14 fortescue ltd

The most annoying part of the announcement, is that they have...

  1. 1,034 Posts.
    lightbulb Created with Sketch. 169
    The most annoying part of the announcement, is that they have included the "special dividend", in calculating the pay out ratio.

    So it turns out the "special dividends" were in fact just regular dividends, which is not a problem for most people, except because they labeled them "special dividends", the strike price of my options were adjusted, so now a $7.00 call I sold was reduced to a $6.42 call, So I am out 58cents per share on 49000 shares, because they were stupid and called it a special dividend, when it fact it was simply a regular dividend within the normal guidance of 50% to 80% payout ratio,

    Pretty annoying.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.14
Change
-1.180(5.53%)
Mkt cap ! $62.01B
Open High Low Value Volume
$20.65 $20.83 $20.02 $262.9M 12.91M

Buyers (Bids)

No. Vol. Price($)
1 1250 $20.14
 

Sellers (Offers)

Price($) Vol. No.
$20.15 2500 1
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.