FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-23406

  1. 2,025 Posts.
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    a $2.8 divy next year is huge based % wise based on today's share price

    what am I missing?
    why is money not pouring into this

    is it because the stability of the dividend is entirely dependant on global demand for iron ore?

    2.8 on 18 is 15%
    even if it's 10% that's twice as good as anywhere else on the market?

    what am I missing why is this so not rallying hard into the 20's atm

    expected sell off on ex date of course but could it not easy rally up a couple of dollars before?
 
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