It depends on IO price ! If IO goes below 100 , we will see the SP below 20 before the dividend!
Real bargain for those with a bit of cash . FMG still is printing money with IO around 100 and will pay at least 0.75 cent dividend every 6 months! But if IO goes below 90 , many IO mines can not operate with a loss and will stop operation, then the supply will be reduced and the IO price will rise again to 130-150 ! Time to top up ! Collect the dividend and wait for IO to rise again.I will buy with my dividend some more at these undervalued prices.
It depends on IO price ! If IO goes below 100 , we will see the...
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Last
$21.32 |
Change
0.110(0.52%) |
Mkt cap ! $65.64B | |||
| Open | High | Low | Value | Volume |
| $21.24 | $21.50 | $21.07 | $99.18M | 4.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17454 | $21.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.35 | 336 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |