I agree. I think I missed the mark. I want them to do something with this cash not let it sit in the FMG bank for a dividend.
I’d like to see some diversification within the business(which is why I think AF is travelling the world finding something suitable for renewables).
The other as you mentioned would be to buy a heap of shares back to tighten that register pushing the SP upwards.
Either way we look at it, a good positive move will be made. I am happy to be involved with such an organisation which has so much potential.
Iron ore price, page-25196
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Last
$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |