IO spot price have come down to $115/t. So I sold some part of my holdings. Still was in green. FMG is currently pure IO stock. When it goes ex-div tomorrow I will see SP getting hit hard. Harder than 1.08 div. So , my thinking is good to have the money in the bank in 3 days, rather than wait for couple of months for the div to come through. Also there is a dividend re-investment plan also, so the big boys tend to pull the SP down so they can get more stock for the divedent.
If you are buying today and the parcel is green, Remember ex-div is tomorrow
IO spot price have come down to $115/t. So I sold some part of...
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Last
$20.35 |
Change
0.000(0.00%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.47 | $20.68 | $20.28 | $96.30M | 4.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $20.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.35 | 20500 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |