FMG 1.62% $21.92 fortescue ltd

Divi of $1.25 sounds mouth-watering !! I would love to see it...

  1. 1,299 Posts.
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    Divi of $1.25 sounds mouth-watering !! I would love to see it being around that but I think your $1.08 would be more likely this time around !
    The long term investors would want to pay little attention to TB's fearmongering "zig-zag" on a daily basis. However, I thought, when it ran up to $29.95, it sort of 'over-shot' the run way! (I am a pro and always a "buy" sentiment person) But I did NOT buy around that level knowing the SP fluctuation caused by IO prise and other worldly issues would bring the SP down before it goes up again (and it's going to be a while before the FFI kicks-in). Now it's a buying territory for me, though I have only added little!
    I went and spent my divi money lavishly on all Australia road trip and still want to keep the powder dry !! I will start buying heavily when (AND IF) it gets bellow $20 !
 
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