FMG 1.20% $21.41 fortescue ltd

dividend has been 10c-25c last few years. My call 20c. Expect...

  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
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

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Price($) Vol. No.
$21.41 12657 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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