FMG 1.10% $19.76 fortescue ltd

If you had invested $100k at 1c youd be worth $3B now but...

  1. 10,032 Posts.
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    If you had invested $100k at 1c youd be worth $3B now but divorced & probably 6 foot under but dont worry AF is divorced too as are Packer, Pratt, Rhinehart, Bezos & Gates !

    Money will NOT buy you happiness only misery, abuse & gold fever imho.
    The richest people are some of the worst people in the world.
    There is never enough money, ever.

    I said years ago on here the H gas/energy was a cashburning unworkable folly & I was right.
    I also said FMG is one of the largest polluters in Oz & this wouldnt change much SPOT ON.
    I also said listen to the then RIO CEO who lost $13B on chasing african IO to "stick to the core business" of IO
    I also said they should build more port berths, a refinery, more MILLS & build the exmouth mines/port too and vertically integrate.
    I also said FMG must find non-sino IO buyers as China WILL invade Taiwan sooner or later and this will result in a massive SP drop V pattern here as sanctions are imposed by the west on china (much like on russia now) over all IO exports to china.

    I coulda saved them $Billions of cash but hey they never listen to me, do they !
    Last edited by tomboy: 31/08/24
 
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$19.76
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$19.66 $19.80 $19.20 $191.1M 9.763M

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3 4673 $19.73
 

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Price($) Vol. No.
$19.76 31740 2
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