I am going to put some money into FMG, yes Iron ore has taken some big hits recently and could go lower but its forecast that its paying a dividend next year with a yield of roughly 15%. I think at the moment to get that kind of yield you need to either do shark lending or fund or buy a meth lab.
They are the lowest they have been recently and going ex div in Feb next year. What are your thoughts on it?
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I am going to put some money into FMG, yes Iron ore has taken...
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