FMG 1.04% $20.35 fortescue ltd

quick profit on FMG dividend?, page-11

  1. 1,404 Posts.
    lightbulb Created with Sketch. 25
    Love all these people that think they can buy FMG in the next few days and collect the dividend, get 10% on their money and then sell the next day. Whats the catch? I have news for you. The price will drop by the amount of the dividend on the 6th and probably a bit more allowing for Franking credits so your net result will be a loss.
    Last edited by Bluntaxe: 31/08/21
 
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