Price of Iron Ore, page-1773

You bought into FEX for the dividend, correct?

What sort of dividend did you expect? I've posted many times that the upper limit to any dividend I expected was 2c, add 1c for franking, plus perhaps a few more exiting and you expect 3-5c drop in SP?

Hence in my scenario, the dividend alone cannot explain the recent drop. It has to be related to multiple variables.

As I eluded to earlier it's more complex that just the dividend.

Did people expect that JW would distribute >5.25c which is the maximum they have distributed thus far. Let's add another 5c for the same reason above (FF etc) and a 10.5c drop would be expected.

The high was 44.5c and it's now sitting at 24.5c. 20c > 10.5c, so what are the other variables?