FMG

1.20%

$21.41 fortescue ltd

Iron ore price, page-12696

First 12696 Last

Share
Profile

Follow
theprovider

702 Posts.

380

23/05/19

08:56

Post #: 38702419
Share

Originally posted by karasco58 ↑

Eyeswideopen,

My target to get out completely is $10.00, may not happenfor a few months but if IO holds up and June Qtr. report is good then I see noreason for this not to happen.

So far received $165k dividend for Dec 2018 and soon another $450k which is tax effective, and depending on when the sp gets to $10.00 and assuming I still hold 750k , Iexpect to receive a further $0.20 to $0.30 franked dividend for the year end dividend if I still hold at that time.

Wishful thinking perhaps, but after 7-8 years of drama, maybe time to hold forthe big payoff. Call me greedy but this time I have a genuine reason to holdout.

3 daughters with 2 married that I needed to help with their deposit and want togive same amount to the single daughter for her to buy a property also. Withoutmy help they have little chance to purchase, and I do not want them to borrowmore than 80% LVR

My family in the last few weeks has suffered greatly as my middle daughter whowas married last year has been diagnosed with cancer.

I want continue to pay her salary indefinitely (employed by me) and medicalexpenses (wig, IVF due to chemo effect on eggs etc..) and to not have my son-inlaw and daughter worry about loan repayments or any financial matters.

My ultimate goal if it reaches $10.00 is to give each of them a substantiallump sum to pay off their loans, in particular for my daughter who is ill and the same amount to the daughter who is single.

Ihave more than enough to live on, and my wife and I are appreciative of what wehave and live a modest life without the need to show off or splurge on showytrappings.

Our focus is our family, the two son-ion laws we have are like our sons.We are givers and now that we face this serious issue with our daughter, mydealings with the share market are only to help my family. I could pull outtoday and am still way in front at anything above $7.00 after interest and feesand including taking into account dividends received. I see this as an opportunity (I hope) to make a reakl difference to my children now and not when we pass away.

As a father I do not wish any parent to have to watch their child suffer or bediagnosed with a potentially terminal disease. This has been an eyeopener (nopun intended).

Not sure why I posted this, but I felt better writing it.

Expand

All the best to you and yours..Lets hope we can crack that $8.50 for you today..!!

FMG Price at posting: $8.27 Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

RCE

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

There are more pages in this discussion • 40,095 more messages in this thread...

First 12696 Last

Add FMG (ASX) to my watchlist

(20min delay)
Last $21.41		Change -0.260(1.20%)		Mkt cap ! $65.92B

Open	High	Low	Value	Volume
$21.52	$21.67	$21.30	$150.5M	7.000M

Buyers (Bids)

No.	Vol.	Price($)
1	93	$21.40

Sellers (Offers)

Price($)	Vol.	No.
$21.41	12657	3

View Market Depth

No.	Vol.	Price($)
1	93	21.400
2	3150	21.350
1	200	21.330
2	1046	21.320
1	1000	21.310

Price($)	Vol.	No.
21.420	1200	1
21.450	1500	1
21.510	2020	1
21.520	951	1
21.530	1500	1

Last trade - 16.10pm 28/06/2024 (20 minute delay)

FMG (ASX) Chart

Iron ore price, page-12696

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Iron ore price, page-12696

Top Stories

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Microcap Wrap: 5 explorers with news out today

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News