FMG 4.01% $19.73 fortescue ltd

Half-Yearly Dividend looking good, page-67

  1. 1,062 Posts.
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    Buy back shares in the $11 dollar range when they have large capital expenditure pending?..?.. are you joking?
    How about just keep investing and growing the business.
    If there is a significant pullback ( 30%-40% range) and it becomes capitally advantageous then yes great. If not,it is wasting capital.
    Last edited by Peartart: 30/01/20
 
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