FMG 0.18% $21.86 fortescue ltd

At ~$65 average in 2019 and with much higher debt and less...

  1. 4,178 Posts.
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    At ~$65 average in 2019 and with much higher debt and less efficiency they still paid $1.14 dividend ... so we are North of $100 for entire period, so this sell down is moronic. I think it's 15% yield without much effort. probably 10% just on the first half next year. I think it will be closer to 20% than 10% at current prices. for me, all the risk is priced in and any extra drop is like the morons who sold me Afterpay below $10 in 2020.
 
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$21.86
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$22.18 $22.18 $21.69 $119.2M 5.445M

Buyers (Bids)

No. Vol. Price($)
3 14450 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.87 152 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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