FMG 0.52% $21.32 fortescue ltd

i really thought the prospect of superior upcoming divs would...

  1. 1,521 Posts.
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    i really thought the prospect of superior upcoming divs would bouy the SP of iron ore produces.. however it appears not..

    bhp included (and yes i know it's more complicated than that)

    if things don't turn around somewhat i suspect come ex div date we may be looking at an exceptional buying opportunity for FMG

    not sure what i want more..a bounce prior to div announcement, or more of the same around the 16-17 current floor and swoop on a heap of stock come exdiv

    imo
    good luck all
 
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