FMG 1.20% $21.41 fortescue ltd

Too many fearful people. They are either hot with high hopes of...

  1. 442 Posts.
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    Too many fearful people. They are either hot with high hopes of crazy high prices or having panic attacks to get out.

    I want my dividends thank you. And it might be very tempting in late October to November to use my dividends from FMG, FEX, TLS and others to buy another bundle in FMG.

    If share prices drop from here I may even go through the massive trouble of transferring (paper wore galore) more of my salary from China back home to add to my dividends to make it sizable.

    People are forgetting this is all about cycles if this cycle is finished and bottoms out around 80 to 100 USD then one should be thinking in the long term another cycle will come eventually.

    If econmic data is weak here at the later part of this year then i expect lending will be relaxed to allow for more property development to boost the economy. Not sure it is great for the long term but definately helps in the short to medium term.

    Have a lovely day all.

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