What does the maths says about when and how long AF will drain shareholder dividend into FFI? is he going to take 10% of NPAT for next 3 years or 30 years or 50 years? obviously where is it written?
AF has more then 1 billion shares in FMG and a dividend of $1.5 per share will give him around $1.5b dividend and he can use that money to run the show as much as he likes and those who support him joins him and spend their dividend on new company... why take away 10% of dividend from those who probably want to spend their dividend on things that they can benefit now or invest in FMG as well but without FFI burden... ?
All negativity about FMG is FFI and you can be ignorant but that is the fact whether it is analyst or reporters or shareholders in general... IMO.
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Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |