FMG 1.20% $21.41 fortescue ltd

Street ProfessorSame old Same oldEven the discussions are the...

  1. 561 Posts.
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    Street Professor
    Same old Same old
    Even the discussions are the same with the Armageddon predictions.
    It will pass.
    If you you believe the $15.00 sp prediction and the $3.47 full year dividend ( plus franking ) prediction then you are looking at a 33% pa dividend .return
    It has to be worth a punt just on fundamentals alone. Worst case scenario is no real competition in this space for 3-5 years and potential hydrogen bonanza
    Compare that to Afterpays's performance and profit.


 
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