FMG 0.35% $25.66 fortescue ltd

From memory, you jumped into FMG at around(ish) this current...

  1. 174 Posts.
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    From memory, you jumped into FMG at around(ish) this current share price? Possibly $1 or so more?

    So you’ve managed to recover a % of that via the last dividend, and we’re very likely to improve on that in the upcoming dividend also. This does help to alleviate any potential losses there.

    I still think this years final divi will also be a good one, though more likely to be just under the $1 mark.

    So the ROI won’t be as bad as it may appear.

    I still think you’re currently in a good position. Just not the one you were expecting or hoping for.

    FMG should still be able to provide comparatively good returns, so it’s far from being singled out as a sinking ship yet.

    I’m not suggesting that this is your mindset mate, more making a statement to those investors that may have jumped in on our previous peak.
 
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