Iron Ore 62% Fe price as of 30 minutes ago is $206.89US/T
Iron ore futures for June is $182.55US/T
The next dividend likely to be at least $2.25
FMG does sell at about a 15% discount on what ever the ore price is.
Oct to Dec 31 FMG sold it at $121US/T then the last quarter from January to March 31
the average selling price was $143US/T.
The average selling price likely to be $165US/T for April 1 to June 30 if the ore stays at about $200US/T for the next month.
That would be enough to raise the dividend to about $2.25 a share.
Iron ore price, page-32345
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Last
$22.48 |
Change
0.380(1.72%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $22.41 | $22.64 | $22.22 | $89.05M | 3.959M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20914 | $22.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.50 | 6164 | 2 |
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| FMG (ASX) Chart |