FMG 2.70% $19.44 fortescue ltd

a question of free accumulation, page-9

  1. 111 Posts.
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    I'm still trying to work out my own strategy. Was going to just accumulate until target of 30k shares at as low a price as I can and let it sit there for divs and SP growth. Having seen that nasty drop to 14 (which I took advantage of and reached my target) I'm thinking Nolan's tactic might do wonders for building at even higher shares number for even better div income. Although the age old rule of given enough time those that hold and use compound interest always beat those jumping in and out. Hmmm. Not easy to decide esp on cyclic commodities.
 
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