Ann: Management and Organisational Update, page-122

18 bucks! Wow, you drive a hard bargain Dab!

Mate,it's always such a conundrum, setting buy-in prices. At $21.62, it already has some of the most attractive yields & P/E numbers on offer for a quality Aussie company. However, of course, it could go lower.

But Dab, what happens if Fortescue Zero and Fortescue/Leibherr starts landing a stack of Elysia and ev truck and other mining equipment contracts, and suddenly the market twigs (humblest apologies for that appalling pun!), to the fact that Fortescue is no longer a pure play IO producer, but a diversied conglomerate specialising in massively in-demand decarbonising equipment?

There in lies the conundrum, Dab. If the SP starts rapidly heading back towards $30, At what point do you say "s@$t, I better jump on board this fast moving Infinity Train?" S21,62 price now seems like a distant bargain. Hmm, he said stroking his chin...I dunno and I ain't no share adviser, so I ain't gunna tell ya!

Whatever Dab, I hope you have a happy, prosperous new financial year! Wes