FMG 2.21% $16.66 fortescue ltd

IRON ORE TO BOOM according to PLAATS HEAD, page-33

  1. 561 Posts.
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    I don't see any downside for FMG in the short term and at 31% dividend based on average buy in I will double my investment in 3 years assuming no capital gain on a top 20 company with virtually no debt and top quality management

    Someone please tell me what I am missing

    I have only been doing this for 30 years but I'm always willing to learn.
 
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