FMG 3.23% $18.87 fortescue ltd

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  1. 4,999 Posts.
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    Guidance is 10% NPAT to FFI

    2021 Div at 78% payout ratio

    2020 79%

    2019 61%

    The play here is that IO prices stay strong for the decade prior to FFI commercialisation countering Paris-agreement protocols.

    If FFI pull off hydrogen delivery to all the Scope 3 GHG concerns - 3 digit SP. Will require an element of Aus Gov involvement and CH engagement.
 
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