FMG 3.61% $20.10 fortescue ltd

Iron ore up and fmg down again. Wtf seriously. Can anyone...

  1. 1,773 Posts.
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    Iron ore up and fmg down again. Wtf seriously. Can anyone remember a time when the market was so bearish on iron ore stocks? So bearish that even a more than 20% trailing dividend yield isn’t enough. How are we not at peak pessimism right now? How could things possibly get any worse? Iron ore is holding up nicely but no support in the share price. Who on earth would be selling out at this low price?

    not financial advice. Do your own research, etc etc…
 
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