It depends on how much of the present heat in the share price is due to the dividends and how much on the steel demand. A bit of both I guess, but if divvies are a higher ratio of the cause than steel demand, SP could fall to pre-announcement levels, which is mid 7s. But the point is, I hope no one panics if it does, because this is still a solid company in a great strategic position.
Snaffled Some Today, page-8
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Last
$26.21 |
Change
-0.200(0.76%) |
Mkt cap ! $80.69B | |||
| Open | High | Low | Value | Volume |
| $26.60 | $26.64 | $26.19 | $64.30M | 2.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14022 | $26.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.23 | 16372 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$26.26 |
Change
-0.200 ( 0.81 %) |
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| Open | High | Low | Volume | ||
| $26.61 | $26.64 | $26.19 | 392904 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| FMG (ASX) Chart |