Agreed....Andrew Forrest is smarter than me I know that for a fact and he has good accountants.
I just participated in a CBA buyback whereby they paid a low price plus a franked dividend. I reckon AF will know exactly how that would work and will do it if in shareholders best interests.
Otherwise a franked dividend will be fine with me.
Iron ore price, page-39421
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$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| FMG (ASX) Chart |