FMG 1.67% $19.49 fortescue ltd

Can’t imagine if they don’t cut the dividend in the future to...

  1. 4,731 Posts.
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    Can’t imagine if they don’t cut the dividend in the future to pay down some debts.

    Imagine FMG paying 15% dividend after franking at the price of $15 per shares. Takes 6 years to get the original share purchase back provided dividends doesn’t not cut

    Another thing is if the unimaginable did happen like some suggested FMG goes to the $10 to $12 mark. Sharks will be circling with TO surely…..just saying
 
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