Iron Ore Price, page-18165

I just wish that all shareholders get what they deserve when their big pay day comes in 2 weeks time. FMG had came from a long way since IO price bottom out at the end of 2015, I'm only been holding FMG and on HC for 10 months but I can only imagine what LT holders had to endure prior of 2016. Total short volume had decrease from nearly 10% of all shares to around 3% now, so 70% of shorters have left and since waked up to reality and 30% still hang on and wish history can repeat itself, without knowing that sail had long left, really sad.

12 months ago: NPAT US$319M and 3c interim dividend. NPAT expect to increase to US$950M according to Blooomberg.

FMG is currently making more Cash Flow in 1 months than 1st Half FY16 NPAT.

My hat off to those either bought or hold through under $2. You really deserve the FAT dividend that coming your way.

Of course you can sell or short before the result, what I or anyone say on this forum should not have any bearing on your investment decision.

DYOR.

Frank.