FMG 0.99% $25.57 fortescue ltd

FMG $25 by Xmas then up to $40 a share inside 3 years and higher than BHP

  1. 3,171 Posts.
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    FMG $25 by Xmas then up to $40 a share inside 3 years and higher than BHP.

    Iron ore may go up and down over that period but one thing is for certain the dividend
    returns are the best anywhere in Australia and maybe the world.

    With zero interest coming from everyones bank accounts then surely more Mum and Dad investors will pile
    in to get the nice dividends and watch their stock double in the coming few years.

    What gets me is most so called experts in the media stating FMG is hold or sell with the odd buy and
    its been that way since 2006.

    I'd have it as a very strong buy.

    This stock inside 8 years could well be over $70 to $100 a share and dividends may well be far higher than they are today.
    By then FMG may well be exporting 500 million tonnes a year.

    Its al looking great. Never need to work again just watch the nice returns each year.

 
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Last
$25.57
Change
0.250(0.99%)
Mkt cap ! $78.72B
Open High Low Value Volume
$25.38 $25.62 $25.24 $87.38M 3.432M

Buyers (Bids)

No. Vol. Price($)
1 108 $25.54
 

Sellers (Offers)

Price($) Vol. No.
$25.57 17507 1
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Last trade - 16.10pm 02/05/2024 (20 minute delay) ?
Last
$25.56
  Change
0.250 ( 0.68 %)
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$25.41 $25.62 $25.24 1155324
Last updated 15.59pm 02/05/2024 ?
FMG (ASX) Chart
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