FMG 4.01% $19.73 fortescue ltd

It wouldn't surprise me if capital are selling again and we get...

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  1. 3,974 Posts.
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    It wouldn't surprise me if capital are selling again and we get a new company announcement
    tomorrow or the next few days then they go and buy again.

    They get it low enough then wait for reporting season before it takes off again.
    Then cash in on the dividends at a 30% discount on the share price as well.

    Its why I bought back in at under $22. I knew it could go lower. Last time I waited ton long and missed out.

    Now I just wait until reporting season kicks in.
    Stock might be $20 who knows but when reporting season kicks in she'll fly again.

 
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