FMG 0.00% $20.35 fortescue ltd

Ann: June 2021 Quarterly Production Report, page-44

  1. 3,094 Posts.
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    I appreciate your efforts over at OCC, but here well you're not on the winning side.
    Everyone knows that $220/t is not the long term price. Do the maths,at $80/t our dividend yield is 4%, which is better than the banks.
    The stock is priced at $80/t, not at $200/t, shouldn't fall much below $20 until the IO price goes under $100/t, till then, enjoy the 25% pa gross dividends biggrin.png
 
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