Fortescue Ltd Stock Forum

In 2024, the Australian stock market has shown resilience and strength, with the $S&P/ASX 200 (.XJO.AU)$ reaching new highs throughout the year. On December 3rd, the ASX 200 broke through 8,514 points during trading hours, setting another historical record. As of December 18th, the ASX 200 has accumulated a year-to-date increase of 8.94%. Despite global economic uncertainties and sustained high policy interest rates in the Australi...

$Fortescue Ltd (FMG.AU)$  guys dont sell

$Computershare Ltd (CPU.AU)$ from volume history, it's built up a huge pile of over-bought? What's next if they are to reap the profit? Easy guess. The biggest hurdle for sustainability of CPU is its low rate of return for long term holders. If that changes or you have gathered a big quantity at its low price period, it will help. Otherwise ... to...

$Fortescue Ltd (FMG.AU)$ This fxxking piece of shit ! Dumping u worthless crap 💀💀🤬🤬🤬

$Fortescue Ltd (FMG.AU)$ IO up this morning.It went south last night and is up so far this morning.
I would have thought with all that money China announced yesterday that would have spiked it
up this morning.
IO price was down over night. Friday often a down day but as IO picks up today
so will FMG.
Think we'll finish at over the $20 mark today.

IO started to drop back. All that money pouring into the Chinese economy might take some time to filter down
but I'd have thought that was good news and miners would all be up a lot today like the last smaller amount
that went in saw the miners fly and at the time IO was down. $Fortescue Ltd (FMG.AU)$

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! $Fortescue Ltd (FMG.AU)$