FMG 2.25% $20.47 fortescue ltd

Iron ore price, page-1488

  1. 11,474 Posts.
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    Not a short or medium term investor my super fund and I will feasting on FMG'S dividend for decades on retirement.

    So basically don't care as to difficult to estimate but north of here I guess, as

    Will FMG start buying back shares?

    What will it do with its cash pile as no early repayment or refinancing debt until march next year, positive or negative to sp?

    What will the IOP be?

    Will Trump be drained by the swamp or will he get a sizeable infrastructure spend through?

    Other IO demand?

    Will investment grade come on back of reducing debt costs and gearing and increasing dividends?

    If you run into someone who's positive they know?

    Suggest you give them a wide berth!

    Buy the bottoms put them in your super funds bottom draw, I'd suggest!
 
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