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.
Anyone taking a view on what impact FFI will have on the medium...
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Last
$20.62 |
Change
0.480(2.38%) |
Mkt cap ! $63.50B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.39 | $57.92M | 2.780M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2205 | $20.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.62 | 5636 | 29 |
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| Last trade - 11.18am 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |