FMG 1.90% $22.00 fortescue ltd

Iron ore price, page-52494

  1. 3,340 Posts.
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    FMG seems to always drop hard this time of the year. BHP and RIO both up quite a bit.

    Its a bargain now and last June/July it got sub $20 before the steady rise.

    I think we'll get a nice good dividend of about $1.08 the up she goes again before
    it drops of payout day then goes back up.

    I'll be buying back in with more stock soon.

    They'll be exporting much more next financial year and have other things they are doing now so
    all looking good for the future.



    Last edited by Nolan78: 18/06/24
 
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