FMG 5.53% $20.14 fortescue ltd

... the current Iron Ore is USD$174.45 a tonne...

  1. 2,106 Posts.
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    ... the current Iron Ore is USD$174.45 a tonne !!!!!!!!!!!!!!!!!!!

    I just don't get it.

    Our dividend of $1.47 is a yield of 6.1% (and that's just for a half-year). Factor in that its fully franked and the actual yield is 8.75%

    Bank term deposits pay 1% Per Annum!!!!!

    The fact we are down 3.5% today is a pathetic joke.

    The ASX is an absolute farce.
 
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$20.14
Change
-1.180(5.53%)
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$20.65 $20.83 $20.02 $262.9M 12.91M

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No. Vol. Price($)
1 1250 $20.14
 

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Price($) Vol. No.
$20.15 2500 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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