In 2 weeks time (on 29 April) FMG will announce their March 2021 Quarterly Results.
It will be the most profitable Quarter in the history of the company.
The Full-Year dividend is on track for (minimum) AUD$2.00 a share.
It simply defies logic that the share price is at AUD$20.00
That's a (6 month) Yield of 10%!!!! Fully-Franked that's almost 15%!!!!!
This is the 7th largest company on the ASX with a Market Cap of $62 Billion for gods sake?????
The ASX is an absolute joke.
Iron ore price, page-30189
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Last
$18.18 |
Change
-0.090(0.49%) |
Mkt cap ! $55.97B | |||
| Open | High | Low | Value | Volume |
| $18.26 | $18.41 | $18.18 | $200.9M | 11.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 6678 | $18.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.19 | 70000 | 3 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |