it won't be a case of following Rios lead. They need to set up an expectation of 'normal' dividend performance. this has been an incredible year of iron ore pricing. It may continue or it may not. FMG will take a conservative position of making shareholders realise what the 'expected' dividend can be as opposed to the 'wishful thinking' dividend. There WILL be a special dividend.
Iron ore price, page-34457
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |