Where do you come up with these figures Nolan...?
For the next dividend to just hit the lower end of your prediction ($2) the IOP would have do hit, and maintain for 6 months, $200/tn minimum... For $3 it would have to maintain close to $300/tn..
Don't get me wrong, I’m definitely not bearish on FMG. But I can’t see how your figures could even remotely resemble a realistic outcome over the next 6 months. As much as I wish you were right!
If you know something that I don’t, it’d be great to hear it. As I’d reverse my decision to stop reinventing dividends quite happily.
Iron ore price, page-23244
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |