FMG 1.67% $19.49 fortescue ltd

how will a global recession impact the big IO players? (I am in...

  1. 1,625 Posts.
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    how will a global recession impact the big IO players? (I am in the camp that gloom is ahead)

    my feeling is short term few companies will be spared, but IO is as safe as any bet. Infrastructure/development has always been a vehicle for lifting out of recession/creating jobs

    I'm hedging my bet

    will pick up more FMG as low as possible b4 div
    and more cum div dependant on the day

    as we all know, with H2 ambitions taking a hit, leaves more money in FMG proper
 
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