FMG 0.87% $21.71 fortescue ltd

thanks for your daily analysis.always a welcome read.Months ago...

  1. 154 Posts.
    lightbulb Created with Sketch. 61
    thanks for your daily analysis.
    always a welcome read.

    Months ago when this stock was trading above $20
    you were very bearish on it and would say management should be focusing on paying down their junk debt and not paying out unsustainable dividends from their profits.

    has your opinion of the company changed long term?

    Fundamentally the turning point to the down trend that we witnessed in recent months was the huge initiative to green hydrogen and the bullish projects that were signed up too at that time.

    anyway just thought id ask as you seem to be quite bullish now on it. And actually pretty spot on too


 
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Last
$21.71
Change
-0.190(0.87%)
Mkt cap ! $66.84B
Open High Low Value Volume
$21.77 $21.80 $21.34 $408.6M 18.51M

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No. Vol. Price($)
2 289875 $21.68
 

Sellers (Offers)

Price($) Vol. No.
$21.72 95078 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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