FMG dropped about $3 so far so maybe we get back to the $20 to $23 range and then buy up as the dividend will be at least $1.30
FMG will have massive profits and they no longer use 10% of profits on FFI due to governments giving them money for FFI along with investors.
Its all looking quite good for us that rely on dividends.
Iron ore price, page-51201
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Last
$17.70 |
Change
-0.480(2.64%) |
Mkt cap ! $54.49B | |||
| Open | High | Low | Value | Volume |
| $18.20 | $18.25 | $17.70 | $231.4M | 12.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 90028 | $17.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.71 | 12000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |