FMG 0.26% $19.55 fortescue ltd

$7 by Christmas is a doddle!, page-89

  1. 3,510 Posts.
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    Spandexman

    In my opinion it's a no brainer owned in superfund with 59.0% gain, dividend income with 100% franking credits and 20 years to go to retirement

    Tax on earnings of fund 15%, franking credits 30%, tax effective investment with more upside in dividend income to come

    If you sell now fund pays capital gains tax on 67% of the net gain

    Why sell?

    Term deposits pay 2.50% with no tax credits?

    FMG sp has more upside to come, you are not trading the stock so hold on, even if sp has short term volatility.

    Potential dividend income going forward will increase

    My opinion only
 
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Last
$19.55
Change
0.050(0.26%)
Mkt cap ! $60.19B
Open High Low Value Volume
$19.98 $20.30 $19.51 $184.3M 9.305M

Buyers (Bids)

No. Vol. Price($)
5 2568 $19.51
 

Sellers (Offers)

Price($) Vol. No.
$19.56 44282 3
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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