FMG 1.63% $21.76 fortescue ltd

 yes it is  nice to be back in the black. I have been invested...

  1. 187 Posts.
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     yes it is  nice to be back in the black. I have been invested in FMg for 7 years.  Got some bad tax advice when  it hit $7.27, had to watch it go all the way back to $3.51.   The lay of the land seems to be fitting into the same time it went to $7.27. Fmg discount narrowing , and Ore seeming to be holding the $70-$80 price for the next 3-6 months.  

    They will start making $400-550 mil a month, like they did when they paid of $2.9 billion in one year.  
    Have got a plan, now to ensure that this time around  I don’t miss the opportunity to capitalise on my patience and FMG’s great management 

    good luck all,
    kind regards MJAK 

    ps I don’t post a great deal , but very much appreciate all your Post and info.  RC Man - do you know where Franky?? 






 
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$21.76
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$21.49 $21.76 $21.32 $97.85M 4.532M

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No. Vol. Price($)
3 1380 $21.75
 

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Price($) Vol. No.
$21.77 28571 3
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