FMG 4.01% $19.73 fortescue ltd

Iron ore price, page-22748

  1. tpg
    1,735 Posts.
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    The special div was a once off to clear the FC balance in case Labor won the election - it will not occur again
    In fact it was also a political statement by Twiggy in that he could have done it after the election result was known but let
    us not forget the Super Profit Tax that was going to be imposed by the previous Labor which Twiggy fought against vigorously
    Final divi this year will be around 84-90c I dont understand why they cannot pay this money earlier or at least a prelim
    Next big announcement will be Q4 production which includes realised IO sales price and since FMG is so transparent allows to calculate
    very closely the NPAT EPS etc looking forward to July 30th looking like big numbers more records GLTAH biggrin.png
 
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