FMG 0.18% $21.63 fortescue ltd

Morningstar Premium valuation for FMG showing on my Commsec...

  1. 1,286 Posts.
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    Morningstar Premium valuation for FMG showing on my Commsec account as $15.00. They downgraded it in July, did they have foresight!??

    I am often tempted to buy FMG and was tempted to buy BHP a while ago, but always my mind eventually decides no. I don't know if its a good decision or not, but other shareholdings seem to be doing better but not all of them. I have a few doing badly but not all can thrive all the time. However I will watch FMG closely and being a potential purchaser I will be happier when SP drops and drops so I can buy low. Lower it goes on bad news regarding losing executives, why do they keep leaving ?? Something is not okay, perhaps to do with Andrew's divorce...? There will be divestments I suppose. etc
    Last edited by VMG70: 01/09/23
 
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