FMG 2.99% $20.35 fortescue ltd

Best Divedends by far, page-3

  1. 748 Posts.
    lightbulb Created with Sketch. 68
    Sure, but it is a point-in-time calculation you are making.

    If you'd invested that $1m on Thursday (i.e. 3 trading days ago) @ $12.20 then you would own 81,967 shares or thereabouts. Currently worth about $896k.

    Not so sure the bank would be happy with loaning that sort of money to just anyone when the risk of a 10% loss of capital in a couple of days is real.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.