Can I respectfully suggest you re-read your post.
You say "FFI is a separate entity to FMG with no recourse to FMG".
then you say "FFI will be delivering great dividends to FMG holders".
Perhaps these statements might be contradictory.
If and when FFI delivers 'great dividends', then I think they might go to FFI holders, not the 'separate non-recourse entity', unless the non-recourse FFI is in fact owned by FMG, with recourse.
Iron ore price, page-33369
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Last
$23.42 |
Change
0.130(0.56%) |
Mkt cap ! $72.10B | |||
| Open | High | Low | Value | Volume |
| $23.45 | $23.52 | $23.18 | $111.4M | 4.735M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7463 | $23.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.42 | 17172 | 2 |
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| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$23.36 |
Change
0.130 ( 0.35 %) |
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| Open | High | Low | Volume | ||
| $23.44 | $23.52 | $23.18 | 1245035 | ||
| Last updated 15.59pm 13/06/2024 ? | |||||
| FMG (ASX) Chart |