FMG 0.17% $17.97 fortescue ltd

Thanks for ya thoughts BobbyQ.Mate, it's just a matter of horses...

  1. 922 Posts.
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    Thanks for ya thoughts BobbyQ.

    Mate, it's just a matter of horses for courses, and what style of investing you enjoy most.

    For me, I've been living a life of luxury for a number of years thanks to the generous Fortescue dividends which have emanated primarily from elevated IO prices.

    However Fortescue will be significantly diversifying its activities over the next decade, so will become significantly less IO price sensitive. In fact Twiggy reckons the Fortescue Energy business will become a more lucrative earner than the IO division of Fortescue.......O.K...Off ya go Twiggy-haters, that's your cue to fire away!

    Anyway Mr RobertoQ, I'll be interested to hear how your trading goes, I always enjoy your posts. Thanks.

    Goodonya mate, Wes


 
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