FMG 1.90% $22.00 fortescue ltd

FMG Feb 2022 Div Guesses, page-145

  1. 233 Posts.
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    I was wrong in what I said earlier. I sold at $22.75 as I felt it was headed for a slide with iron ore price, today's report and Russia. your point is valid. It all gets down to what I think the pull back will be after going ex Div. It may well be wiser to forgo the div and buy back at the new low. Time will tell ! I always analyse other factors outside of the ex div scenario eg iron ore volatility/trend and US sentiment. Good luck - it's never a certain recipe!
 
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