FMG 1.17% $17.73 fortescue ltd

hi P Bi agree with your $1 divi. I just did a rough calculation...

  1. 187 Posts.
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    hi P B

    i agree with your $1 divi. I just did a rough calculation of 4.7 bill cash on hand x 60 % payout ratio / 3.3bil shares = .85 usd / .70 exchange rate = $1.21 per share Aussie.

    probably not the right way to do it, would be greatful if someone in the know could take the time to present the numbers better than the above.

    NPAT I understand to be different than me using the simply Cash on hand amount.

    kjnd regardS

    MJAK


 
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