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.
It depends on how much of the present heat in the share price...
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$25.59 |
Change
0.830(3.35%) |
Mkt cap ! $78.79B | |||
| Open | High | Low | Value | Volume |
| $25.09 | $25.59 | $24.82 | $182.9M | 7.212M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $25.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.59 | 108 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
$25.53 |
Change
0.830 ( 2.88 %) |
||||
| Open | High | Low | Volume | ||
| $25.05 | $25.58 | $24.83 | 1579176 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| FMG (ASX) Chart |