I think our costs are about $23US/T and they sell it for a discount of 10% to 15% and even then
its good profits.
Think our final dividend will be lower than the one in March though at maybe about 85c
depending on what ratio of profits they use. Can be anything from 50% to 80%.
They are shipping out more iron ore now as well as higher grade iron ore.
From buying up FMG nearly 4 years ago the dividends have paid for what I bought the shares for
after the big crash of 2020 I bought back in at just over $9 a share and the dividends have paid for what I bought my shares for
which is pretty bloody good.
Iron ore price, page-51921
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Last
$26.77 |
Change
-0.220(0.82%) |
Mkt cap ! $82.42B | |||
| Open | High | Low | Value | Volume |
| $26.70 | $26.82 | $26.48 | $81.59M | 3.059M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1694 | $26.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.77 | 15336 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$26.79 |
Change
-0.220 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $26.70 | $26.81 | $26.48 | 685458 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| FMG (ASX) Chart |