FMG 1.72% $22.48 fortescue ltd

Iron ore price, page-8978

  1. 2,060 Posts.
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    dividend has been 10c-25c last few years.
    My call 20c.

    Expect with this IOP above 72 & AISC at 13
    - dividend of 20c
    - Another BB of $500M in August
    - AF buys another $100M on market using his annual divvy payments of $300M
    - another $500M bond debt refinanced at cheaper rates and extended out
    - another $1.5B of debt repaid in 2019
    - cash holdings double

    and share price goes to 7.00! Where it should be.
 
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Last
$22.48
Change
0.380(1.72%)
Mkt cap ! $69.21B
Open High Low Value Volume
$22.41 $22.64 $22.22 $89.05M 3.959M

Buyers (Bids)

No. Vol. Price($)
3 20914 $22.48
 

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Price($) Vol. No.
$22.50 6164 2
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