FMG 2.89% $16.82 fortescue ltd

Next dividend announcement will be August 28 which will see it...

  1. 3,622 Posts.
    lightbulb Created with Sketch. 747
    Next dividend announcement will be August 28 which will see it fly for a few days
    then the dreaded ex div date comes along and the stock will fall by about the amount or more
    of he dividend. Then shorters pull it down for a few more days and the media helps with that
    to get it down further then the rise as bargain hunters pour back in.

    Its a cycle I've seen over many years. Only 1 year it went higher as back ten IO was above $200US/T.

    IO is down but it was down lower this time last year.

    https://hotcopper.com.au/data/attachments/6384/6384617-c93579a739e1bfd31219ef768c16d140.jpg


 
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Last
$16.82
Change
-0.500(2.89%)
Mkt cap ! $51.78B
Open High Low Value Volume
$17.11 $17.23 $16.81 $252.2M 14.80M

Buyers (Bids)

No. Vol. Price($)
4 13676 $16.82
 

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Price($) Vol. No.
$16.83 350 1
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Last trade - 16.10pm 15/08/2024 (20 minute delay) ?
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