FMG 1.10% $19.76 fortescue ltd

Yes just watch the money roll in.All my shares up to the recent...

  1. 3,940 Posts.
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    Yes just watch the money roll in.

    All my shares up to the recent purchases were all paid off from the last 4 years of divs.
    I sold everything Jan of 2020 then bought back in after everything went south.
    Back then FMG went from $26 to $8.20 I bought back in at over $9 an din that time
    my returns were $11 or so.

    The last lot of shares will take 2 or 3 years to pay off with divs.
    IO gradually going up. Think I spent about $260K of FMG from late June to last week.

    Buy in fear and while its so low. Its dropped about 40% or so and that is bargain hunter time.

    https://hotcopper.com.au/data/attachments/6421/6421561-e80dd70615c8a9212481034fa77d02cd.jpg

 
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