FMG 0.12% $20.12 fortescue ltd

Iron ore price, page-55201

  1. 627 Posts.
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    Nuto, I've never understood why buyers, such as your good self, are concerned about suppressed Fortescue SPs. I'm also a buyer and have been extremely grateful for the bargain basement prices (from 14 to 20 bucks) I've been able to acquire my bundle of Fortescue shares at. I celebrate low prices.

    What's the problem with low PEs and high yields? Dunno about you, but I enjoy the bountiful benefits of high yielding dividends!

    Please help me understand your concerns re suppressed SPs, it seems to me to be a case of the longer the lower the better!

    Anyway matey, good luck with your investing, Wes
 
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