FMG 0.32% $21.86 fortescue ltd

Good news its under $22 again.If it goes sub $21 or sub $20 I'll...

  1. 3,232 Posts.
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    Good news its under $22 again.
    If it goes sub $21 or sub $20 I'll top up two more times.

    The stock will fly once the earning for the last financial year are released.
    Suckers fall for the short selling scammers as I call them and they panic.

    People that panic sell really ought to never buy shares in the first place.
    They don't think about the reporting season at all.

    The shorters will pull it down then buy up when the stock flies after earnings are released.
    Some are selling for tax reasons and others just panic.

    Timing is everything.

    Bargain basement time now and if it goes lower I do not mind
    as I'll get more cheap shares.

    I look at the dividends.

    My dividends in the last 4 years after the crash of 2020 has paid for all the shares I have bought in 2020.

    My thinking is buy now and get the nice $1 plus dividend and by then the stock will be over $25 to $29 again.
    I am only interested in the dividends and lovely franking credits of course. Means I pay no tax.

 
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Last
$21.86
Change
0.070(0.32%)
Mkt cap ! $67.30B
Open High Low Value Volume
$21.95 $22.35 $21.71 $192.6M 8.766M

Buyers (Bids)

No. Vol. Price($)
4 705 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.88 1359 3
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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