FMG 2.64% $17.70 fortescue ltd

What a shameless down ramp from you.Yes, $16 is possible whilst...

  1. 37,774 Posts.
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    What a shameless down ramp from you.

    Yes, $16 is possible whilst the market is wobbling.

    But at $5-6, dividend yield would be over 30% if maintained, or even over 20% if there was pressure on dividends.

    FMG is a low cost, profitable producer with long mine life.

    Dex
 
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$17.71 12000 1
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