FMG 0.06% $16.12 fortescue ltd

Iron ore price, page-28398

  1. 3,836 Posts.
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    I think from January to June 30 the average iron ore price will be around $140 to $160US/T.
    It dips up and down.

    So far in the first two months the average price has been about $155US/T.
    July 1 to Dec 31 the average price per tonne was $121US/T.

    I see the next dividend at anything from $1.70 to $1.90 per share then go add franking credits.

    As for the share price two months before the expected divvy it may well be about $28 a share for FMG.
    Then as we near the announcement dates it will go up then when that gets released watch it drop like a brick again
    then after pay out it steadily climbs back up.

    This of course barring any big market corrections or crashes.

 
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