FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-52441

  1. 593 Posts.
    lightbulb Created with Sketch. 81
    Greetings Unsullied one,

    Mate all legitimate and interesting questions. However, here's another question that totally baffles me. Why are so many of fmg hotcoppers with buy sentiments getting their knickers in a knot with being gifted an opportunity to load up on a company with low P/E ratios and high fully franked yields and a potentially exciting future?

    I should acknowledge that Convexity's complexity of share accumulating tactics does throw extra parameters into the equation. However being a simpleton myself I love buying when the price is at bargain levels...the cheaper the better. I'm obviously not the sharpest chisel in the toolbox. Am I missing something?

    Hooroo, wes
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.