FMG 3.28% $19.50 fortescue ltd

What FMG's cheap borrowed $US could buy?

  1. 11,474 Posts.
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    BEN?

    With majors in banking shooting themselves in foot, is it time for a fifth major?

    Bendigo Bank valued at 5B $A, Bargain in $A let alone cheap borrowed $US.
    500Million free cash flow paying 330million fully franked divies would pay itself off.

    Growth potential of pissed off major bank customers looking for honest banker and Fmg's expertise could be put to use helping BEN earn off Aussie mining sector. All that money going OS, multi millions to be made off others hard work.
 
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$19.50
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0.620(3.28%)
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$19.03 $19.50 $18.97 $134.1M 6.935M

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