50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Update - Dividend/Distribution - FMG. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. i have been watching fmg closely since its share price was $6 dollars before its latest run, which i think is coming to a end. Local media reported Fortescue, the world's no. 90 Does this sound correct? I image the two variables in this would be Royalty (if iron ore prices drop royalty drops) and By the Hotcopper 'gurus' always think they know better. Advertise on HotCopper. Update - Dividend/Distribution - FMG. FMG has shown lows at 19. $17. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. Green hydrogen will make FMG tens of billions and our divvies far fatter. Latest Posts. Target our investor community with our suite of Hotcopper Advertising. 47 Sentiment: Buy Disclosure: Held. Unlike the fake cancer spec. 8. I dont think this has anything to do with the H gas furphy. 00 Div = $3. Share (Adds details, background, and company statement in paragraphs 2-6) Aug 2 (Reuters) - Fortescue () said on Wednesday Deborah Caudle has been appointed as the chief financial officer of Fortescue Energy, and will assume the role in September. Today 16:09. 60 to 5. The latest appointment follows a string of top management departures at Fortescue, with at. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. But then this needs to be converted to dmt and for the fact that FMG iron is lower than 62%. I bought FMG at $5 and all the brokers were saying strong sell at $6. 35% $21. Established in 2003, Fortescue is a proud West Australian company. ASX - General. The. From about 10% when times are good to up to 40% last crunch cycle. Market Cap $77. I dont think this has anything to do with the H gas furphy. Share (Adds details of decarbonisation in paragraphs 2-6) Sept 22 (Reuters) - Australia's Fortescue () said on Friday it will divert funds that were allocated to carbon offsets towards decarbonisation in a bid to achieve "Real Zero" by 2030. By that time of news about selling hydrogen, FMG WILL already BE too high to get in. AUD/USD Exchange Rate: $0. I dont think this has anything to do with the H gas furphy. Minus shipping & Moisture, our profit per tonne is $75. Elizabeth Gaines steps down as chief executive officer of Fortescue Metals Group (FMG) next week, after announcing the company's 2021-22 full-year results. 18 wet; C1 costs of 1 Billion USD per year. Forums. I dont think this has anything to do with the H gas furphy. "We believe that FMG's mines, due to the lower grade, increasing depth and water/moisture issues, are unlikely to maintain these strip-ratio levels over an extended period. I dont think this has anything to do with the H gas furphy. Would someone much smarter than I am, please provide a guide on what the FV of FMG is at Iron Ore Prices of low ball $120. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 0K. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 75c. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. Thanks, green hydrogen project moving faster than I thought. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. , page-173. FMG has shown lows at 19. FMG. Target our investor community with our suite of Hotcopper Advertising opportunities. Every time I watch Andrew talking about green hydrogen, I become more motivated to invest more in FMG . We are a global business, focused on becoming the number 1 integrated green. Nonetheless, he is the latest in a string of executive departures at FMG that now leave just two of the 11 members of the senior leadership team listed in the company’s 2021 still with the miner. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. BULL TRAP still in play imhoFMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 10 ~ $1. BTW I am already laughing all the way to the bank. FMG has shown lows at 19. 70As for FMG/FFI CFO, Imo that will require someone of masterful skill and a relevant track record to go with it. Unfortunately I sold some in panic at the beginning of covid and could never get back in. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Danny Goeman Director of Sales and Marketing Mr. The only way to make money on FMG is to buy at lows and hold long and sell at tops like I did 2. 86 : Change 0. 70944833. I dont think this has anything to do with the H gas furphy. We would like to show you a description here but the site won’t allow us. FMG is a power force. 21 final dividend. ASX - By Stock. 00 already but rebounded. 97%) Mkt cap ! $64. 3,079 shareholders @ $1. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. 75/. Fortescue Metals Group Ltd (FMG) is an ASX listed company which is into exploration, development, production, processing and sale of iron ore, and the transition to a global green renewables and resources Company through the activites of FFI. Add FMG (ASX) to my watchlist (20min delay). Get all the latest Australian and National Stock Exchange company announcements - membership is free. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is making a good returns at this price, the iron ore price does not need to move up for FMG to be looking at a dividend of between $1. . NEWS Subscribe to our Daily Newsletter and access exclusive HotCopper insights. 1st Iron ore prices in 2021 were seen to be high only for a short time and the expectation was by some that the IO price would go back to recent (2015 -2018) lows of around 50 to 60USD per tonne. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. Rio Tinto (RIO) is asking train drivers working in mineral-rich Western Australia to work more hours, following a move by rival BHP Group, as miners rush. FMG has shown lows at 19. Dividend will be 5 dollars per year. Latest Posts. may 1 (reuters) - fortescue metals group ltd () : iron bridge commences high grade magnetite production ; successfully made its first magnetite product at first run grade of greater than 68% fe tomorrow night at Solomon. 32% $25. Join the HotCopper ASX share market forum today for free. I dont think this has anything to do with the H gas furphy. FMG's achilles heel is its lack of inventory of ore bodies. share. I dont think this has anything to do with the H gas furphy. 68 ish has been some sort of pivot point in last 3 years (when FMG started to gain traction) either towards lower end or move to higher highs, shorters playing with that sentiment, I am pretty sure they are not targeting manual retailers, they are trying to trigger those softwares which is used by big guns, or big guns trying to get you to believe its the. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. ASX - By Stock. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Market . As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Pump and dump , taking elder aussies hardearned dollars for a rideTomboy going Cuckoo, page-10094. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. Latest Posts. hubby 16 years on site. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG has shown lows at 19. 56. Relative to the other Pilbara majors it just doesnt have the same depth of inventory. 70 is $145/tonne, a $100 margin over C1. Something they will collaborate first in Pilbara and my hope is a large money of investment made by Rio to FFI global? Just hope but a good sign in the right direction. 44% and a trailing twelve-month return on equity of 27. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. 5¢. FMG 6 months production: 97 million tonnes . I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. He would also like the cash. And AFs takeovers of Noront and MCR also have NO MILLS or processing plants either involving $1B in capex and MCR has low spec Ni ore that BHP have refused to take but AF has a 76% stake in it now. Chanticleer. ASIC is in Australian Wuhan virus restrictions lockdown so not happening yet. FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. FMG is a very well run company with small debt and extremely low cost producer which is a huge positive in this industry. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. January to March 31 the real average was about $160US/T where FMG sold it at $143US/T. How the ASX-listed miner got to its place as a global player is a lesson in persistence, riding cycles and clinging on. price is not. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. june 23 (reuters) - strategic energy resources ltd () farm-in and joint venture agreement executed with fortescue at canobie ; under deal, fmg may earn 51% interest in canobie project by incurring a$4m in expenditure on explorationThanks smasher3 - As a strong FMG supporter, I thought would be interesting to get others opinion on the dividend I am forecasting around $1. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. 95, really equates to an adjusted share price of $6. Twiggy would luv to be able to say that he's a lithium miner. This FMG technical thread doesn’t have to be just about the FMG chart. Target our investor community with our suite of Hotcopper Advertising opportunities. 50. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. . 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Market . updates on status of its farm-in and joint venture agreement with fmg resources pty FORTESCUE HAS RIGHT TO EARN UP TO A 75% INTEREST IN LAMIL HILLS, TROTMAN SOUTH, SUNDAY AND EIDER TENEMENTS FORTESCUE HAS RIGHT TO EARN UP BY SPENDING A$6. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Julie. Forums. Currency is going down as our dollar gets weaker and the US ones gets stronger so all up good news for us. 37 but cant get out of this range. You won't be getting those huge dividends when IO is $60-80. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 18 wet; C1 costs of 1 Billion USD per year. When demand drops the IO price will fall significantly and FMG will crash. FMG has shown lows at 19. FMG has shown lows at 19. FMG has shown lows at 19. Fortescue Metals Group Ltd (FMG) is an ASX listed company which is into exploration, development, production, processing and sale of iron ore, and the transition to a global green renewables and resources Company through the activites of FFI. FMG has shown lows at 19. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. I dont think this has anything to do with the H gas furphy. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. price is not. FMG is simply a cash cow and with IOP above $100 this company continues to print money. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 70 As for FMG/FFI CFO, Imo that will require someone of masterful skill and a relevant track record to go with it. 50-6. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. As I have posted several times my guesstimate is by 2030 , the SP will be minimum 50 dollar and meanwhile we can enjoy the fat dividend we are getting from the Iron ore printing money business . Australian mining billionaire Andrew Forrest called ahead of next week's COP26 climate talks for governments to ensure massive existing subsidies for. Charts. Join the HotCopper ASX Stock discussion forum for FORTESCUE METALS GROUP LTD. I dont think this has anything to do with the H gas furphy. . I am looking forward to the end of the year and we will have a clearer picture of progress being made to produce 15 million tonnes of green hydrogen. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Created with Sketch. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 08% $25. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Rio now is in talk with FMG about green hydrogen/renewable energy. , page-162. FMG has shown lows at 19. In AGO captain AF declared it a strategic asset then flipped it for pathetic 25% margin at 4. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. And then when hydrogen money has actually in the bookeeping ledger. Australia's largest stock trading and investment forum Australia's #1 stock forumFMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. 65B. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG is now a trading stock zigzagging around between 19-23 used to be a zigzag trading stock from 2 to 7 between 2009-2019 for 10 years The massive gains 2003-2008 & Jan 2019 -Jan 2021 are DONEFMG has shown lows at 19. March 10 (Reuters) - Australia's Fortescue Metals Group () is cutting a few hundred jobs as part of its efforts to maintain cost position, a person familiar with the matter told Reuters on Friday. 5M. So say the FMG share price after going ex dividend and before the next dividend in 2022 gets back to $21 your FMG 10,000 parcel of shares that you bought for $2. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. ASX - Day TradingShare. 12 for $21,200 would then be worth $210,000 plus $74,000 in dividends = $284,000. $21. Last year it was 14. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 37. ASX - By Stock. 27. 8 dry/ 15. I dont think this has anything to do with the H gas furphy. 59pm 21/11/2023 ? HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 7% in July to 4. FMG have misrepresented and obfuscated announcements in the past way back in 2007 when the CB screenhouse "planned frame bolt retentioning works" which was embellishment of bolts being replaced due to green riggers from the screenhouse conny using bolts that had already been rattled and removed due to more green riggers and. Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. Join the HotCopper ASX share market forum today for free. FMG has shown lows at 19. 1852682. Share. Created with Sketch. Created with Sketch. We have some of the cheapest solar in the world, meaning cheapest hydrogen and can ship around the world to those countries with high costs. . Dividend will be 5 dollars per year. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. ASX - Short Term Trading. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. . ASX - By Stock. 65. FMG. ASX - General. I dont think this has anything to do with the H gas furphy. Dex FMG Price at posting: $19. June 19 (Reuters) - Australian miner Fortescue Metals () is expanding its battery and electric powertrain production operations at its Oxfordshire facility in the UK, its green power arm Fortescue Future Industries (FFI) said on Monday. Noting FMG rites are for the commercialisation of the tech for the mining industry and recently stated objective of base power pilot plant at one of it's mining operations and intentions to investigate hydrogen usage by its current cliet list. I say "It $70bn market cap"he laugh, as experience man from hot copper university,. I dont think this has anything to do with the H gas furphy. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. Charts. Fortescue looks like failing, it might be finished and the fate of FMG now looks up in the air. 00 Sentiment: Hold Disclosure: Held If FMG can save money, then any company can save money, $, and we can make $$$$$ by helping them save $$. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Long term holders are happy holders. Access the latest research articles and market investment insight for FORTESCUE METALS GROUP LTD seamlessly. June 27 (Reuters) - Australia's Fortescue Metals Group () said on Tuesday that the Belinga iron ore project, located in the northeast of Gabon, is on track for first shipment by the end of this year. FMG sells a commodity. Twiggy has gone into full on the sky has fallen global disaster mode with his new rant about global humidity, no wonder his top staff are leaving. FMG has shown lows at 19. Volume. 22% more bullish than other Basic Materials sector stocks. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 21. 06 FORTESCUE METALS GROUP LTD - Discussion. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Other Market Research Available. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Oct 3 (Reuters) - Fortescue Metals Group Ltd (FMG) : IT HAS TAKEN THE LEAD INVESTOR ROLE IN ELECTRIC HYDROGEN’S (EH2) US$380 MILLION SERIES C FUNDING. As I have posted several times my guesstimate is by 2030 , the SP will be minimum 50 dollar and meanwhile we can enjoy the fat dividend we are getting from the Iron ore printing money business . Created with Sketch. Fortescue Metals Group Ltd sentiment based on opinions from HotCopper, SeekingAlpha and others. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Xi is now absolute dictator for life. He is a hard core socialist and and rampant nationalist. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Forums. 37 but cant get out of this range. 65% has a ~15% premium over 62%, expect ~30% premium over 62% for our product. when fmg was $6 a share all options traded at a very nice premium and continued to do so for some time. 778 Billion. Created with Sketch. 56. FMG has shown lows at 19. Nov 29 (Reuters) - Australia's Fortescue Metals Group (FMG) said on Tuesday Fiona Hick will be appointed as chief executive officer in February 2023. FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. FMG sells a commodity. 0. FMG. Share Utah Saints. Noting FMG rites are for the commercialisation of the tech for the mining industry and recently stated objective of base power pilot plant at one of it's mining operations and intentions to investigate hydrogen usage by its current cliet list. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. Derek Brown Mr. . Created with Sketch. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. the CRASH SEASON will affect FMG as well. Interesting report found on hotcopper thread including the following table. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Get the latest Fortescue Metals Group Ltd (FMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG has signed up over 50 countries for his green hydrogen. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Last updated 12. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Would make FMG an even richer company. If FMG deposit is so good than why isn't it operating already. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. You didn't tell me - are there any lithium producers (as opposed to explorers, speculators etc) in Australia making a profit?FMG has shown lows at 19. Fortescue wants to popularise green hydrogen made with low emissions. FMG is overpaying substantially at way higher than market rate for these unneeded & unnecessary high yield junk bonds which they have the cash to pay down in full. i have been watching fmg closely since its share price was $6 dollars before its latest run, which i think is coming to a end. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. There is a rumour that A. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG are already seeing strong demand for their high-grade magnetite product. I love as it gives me an opportunity to get to my target FMG holding of 100 k shares with LESS cost !!!! bring it on !, page-10001. 21 Directors & Senior Management Ms. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Share Utah Saints. I dont think this has anything to do with the H gas furphy. ASX - General. Charts. 30 but it took 2 years in 2008. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 08: $20. Forums. Target our investor community with our suite of Hotcopper Advertising opportunities. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG appears to have evaded the Twiggy Forrest Federal Government spat for now. FMG will be stretched to continue with the generous dividends of the recent past. I dont think this has anything to do with the H gas furphy. HotCopper | 1,390 followers on LinkedIn. FMG has shown lows at 19. nothing special, happens across the board almost every day - special crossings, need to route it through the exchange for audit purposes. Looks like tommy little boy has gone from resident FMG downramper to international economist in a day after back to back blows. 0 Great analysis. I hope u get better results than FMG. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The AFR article from Saturday did not create anything for the regulators. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. $21. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 Sentiment: Hold Disclosure: HeldIf FMG can save money, then any company can save money, $, and we can make $$$$$ by helping them save $$. **Close price adjusted for splits and dividend and/or capital gain distributions. Yes 7. Share. FMG has shown lows at 19. Feb 7 (Reuters) - Fortescue Metals Group Ltd (FMG) : AFRICAN RAINBOW ENERGY AND FFI WILL NEGOTIATE THE TERMS OF A BINDING JOINT DEVELOPMENT AGREEMENT. 00 and 80 cents next dividend in September, FMG is a dividend machine with the iron ore price at $130. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF.