If FMG is not ex-div today, based on so many positive news last 2 days, FMG would be $6.30 by now.
Started with USA GDP, then China Manufacturer PMI, then China Steel PMI, plus all the money coming back to Futures since yesterday.
If SP finished at $5.90 today, plus $0.25c dividend, plus $0.107 franked credit, then effectively SP would be $6.257, close to it's true value of $6.30.
I won't be surprised if SP make a run this afternoon, I said this yesterday:
"Wouldn't it be nice if SP just drop 1c tomorrow and we all pocket 25c dividend plus franked credit"
That will make the closing SP $6.00. Wouldn't that be nice!
DYOR.
Frank.
Iron ore price, page-2813
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Last
$18.31 |
Change
0.340(1.89%) |
Mkt cap ! $56.37B | |||
| Open | High | Low | Value | Volume |
| $18.09 | $18.32 | $18.06 | $115.9M | 6.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 273 | $18.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.32 | 9260 | 4 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |