FMG 3.09% $24.78 fortescue ltd

Hey frankycc, with June ending tomorrow I was just wondering if...

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    Hey frankycc, with June ending tomorrow I was just wondering if you might be able to confirm what the average price was for the month?

    I'd estimate around US$110 a tonne?

    That would give a 6 month average price of around US$118 a tonne and set us up for one helluva good Fully-Franked Final Dividend in September!!

    Standing by my estimate of AUD$1.20 /share (AUD$1.10/share if payout ratio is 70% instead of 75%)
 
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