Hey TB c'mon join the party - jump in - the waters fine - you know you want to - any price in the mid to low $50's is a steal IMHO.
Just buy a set amount every week or fortnight or month and average down from here until it bottoms and then keep averaging up as it comes back up until it's back in the $70's or 80's and then just sit on them until at least 2028 and you will never look back!
FY26
Projected dividend for FY26 is $4.50 - so at $55.00 per share now - in FY26 that will be $4.50/$55.00 = 8.2% plus franking credits - that's around 10% grossed up - what will the share price be then? - not $55
FY28
Just add more iron ore - add more Lithium as demand catches up with supply - add gas 2/3 sold overseas 1/3 sold locally - plus triple the mining services business.
MIN chart, page-81
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Last
$53.92 |
Change
-2.000(3.58%) |
Mkt cap ! $10.56B | |||
| Open | High | Low | Value | Volume |
| $55.69 | $55.75 | $53.92 | $70.45M | 1.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2257 | $53.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $54.20 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MIN (ASX) Chart |