FMG 1.86% $19.54 fortescue ltd

Iron ore price, page-31871

  1. 2,675 Posts.
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    I keep buying as well, am I doing the wrong thing? I feel that the IO price is not going to go down any time soon and even if it does drop to $100 the dividends from FMG will still be outstandingly better than other stocks paying dividends. On top of that FMG is increasing production and they are a low cost producer, who are well managed, so I think I'm doing the right thing. Time will tell.
 
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