FMG 0.76% $26.21 fortescue ltd

I think our costs are about $23US/T and they sell it for a...

  1. 3,176 Posts.
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    I think our costs are about $23US/T and they sell it for a discount of 10% to 15% and even then
    its good profits.

    Think our final dividend will be lower than the one in March though at maybe about 85c
    depending on what ratio of profits they use. Can be anything from 50% to 80%.

    They are shipping out more iron ore now as well as higher grade iron ore.

    From buying up FMG nearly 4 years ago the dividends have paid for what I bought the shares for
    after the big crash of 2020 I bought back in at just over $9 a share and the dividends have paid for what I bought my shares for
    which is pretty bloody good.

 
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$26.21
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-0.200(0.76%)
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$26.60 $26.64 $26.19 $64.30M 2.444M

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3 14022 $26.21
 

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$26.23 16372 1
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
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$26.26
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