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Update on FMG

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Update on FMG

Hi M&M and James, you recently sold FMG, I was considering purchasing it for dividend stripping, do you believe it can maintain its share price levels or increase over the next few months? Thank you, keep up the good work. Thanks, Tony

Answer

Hi Tony,

We mentioned FMG and what your considering in our report on Thursday morning “What Matters Today” report – we agree with your thinking that the stock looks capable of rallying from here  and a very healthy fully franked dividend is looming in less than 3-weeks time i.e. a a dividend play definitely worth considering.

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Fortescue Metals (FMG)
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