You won't see FMG at $15 again unless their is a very big stock market plunge. They tend to have crashes every 5 to 7 years and the super crashes around every 15 years or so. 1987, 2007 and 2020 were the super crashes.
Reporting season will see the stock go past $25 a share and come that stock date for ex date you see it plunge by the div amount and a bit more before it recovers. I've mentioned this many times before over the last 4 years in here. I suspect the divvy at just over $1 so on ex date it will drop by that amount. The only time I've seen it not do that is when IO was up over $200US/T.
Its a never ending cycle.
Same will happen with BHP and RIO or any stocks doing dividends.
FMG Price at posting:
$21.54 Sentiment: Buy Disclosure: Held
(20min delay)