Anyone taking a view on what impact FFI will have on the medium term dividend posn?
One view is that assuming FMG don't lever up to pay for FFI, the divs should drop a bit as the funding for FFI will continue to be material. My guess is to cover the dividend the debt does lever up a bit (assuming the Iron Ore price holds up) until FFI lands a profitable business and then the ball game changes.
Iron ore price, page-48524
-
- There are more pages in this discussion • 4,293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.72 |
Change
-0.045(0.21%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $22.01 | $22.10 | $21.72 | $30.75M | 1.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 913 | $21.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 12 | 1 |
View Market Depth
| Last trade - 10.32am 02/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |