FMG 1.91% $17.94 fortescue ltd

Iron ore price, page-24569

  1. 4,100 Posts.
    lightbulb Created with Sketch. 797
    Iron ore prices up this week but FMG way down.
    Port Hedland and the virus might be to blame.

    FMG will be happy as they are buying up their own stock.
    Reminds me of Kerry Stokes buying up SVW when it was $4.25 and now its heading towards $22 even though their divs are only 21c every six months.

    FMG shares likely to be well over the $20 mark come next divvy period.
    Iron ore consistently above $120US/t.

    Did everyone get their link letter with that nice total of franking credits.

 
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$17.94
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