FMG 5.36% $20.44 fortescue ltd

You are right the market should go down on Monday but I reckon...

  1. 2,711 Posts.
    lightbulb Created with Sketch. 236
    You are right the market should go down on Monday but I reckon it will go against the grain and be up.

    I will be happy if FMG doesn't lose the whole dividend on Monday but given it pretty much shed close to that amount for no good reason - IO price nudging $180 and holding....

    By rights, we should only drop 40-60c on Monday going by the pre-ex dividend sell off yesterday but I think that's wishful thinking.


 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.