FMG - Fortescue Ltd

[TimeISmoney]

Typical 1st people b/s
Just show us the money.
Basically illiterate in all forms of communication, written and spoken because of the lack of school attendance.
Taxpayer dependent, booze and drugs are their chosen way of life, for the ones that bemoan their lot in life.
What's so wrong with working on a mine site, learning skills, becoming a tax payer rather than a tax bludger.

They can't say he didn't try to help them but this is where it's at these days. Everyone expects a free ride because someone else is working hard eating the shite.

The judge should take note of this rather than hand money over so that they buy crap that reduces life expectancy as I've seen in most Indigenous communities, and then blames Western culture for health issues.

 

[farmerge]

$10 Million a year is a Bargin compared to what The UK pays their traditional owners per year just to use the sea bed

The British Royal family earns Millions from the Sea floor

Would they even know what "their Traditional lands" are. More like the subsidised town housing and the local booze outlet.

 

[Value Collector]

Would they even know what "their Traditional lands" are. More like the subsidised town housing and the local booze outlet.

Who the Royals? No, I don’t think they do know exactly what their traditional lands are, but yes they do live in highly subsided town housing in the centre of London it’s called Buckingham palace and Kensington palace, not to mention the many other residences and you are right they drink a lot of booze.

 

[Chipp]

Todays the day ... loaded on CPI dump , good fill

 

[eskys]

Bought and sold some couple of days ago and made some peanuts. Saw an article few days ago on iron ore about preferred stocks like BHP and MIN (can't remember where I saw it)

Having said that, BHP is a weight on my portfolio today

 

[Chipp]

Bought and sold some couple of days ago and made some peanuts. Saw an article few days ago on iron ore about preferred stocks like BHP and MIN (can't remember where I saw it)

Having said that, BHP is a weight on my portfolio today

Tax loss selling this last couple weeks , the gains come in July if IO bases imo . this is a 4-6 week hold in my eyes not a daytrade , i daytrade indice . 10 -15 % gain not out of question . I planned this trade weeks ago . FMG at 8 month lows during this week and only 2 months of purchases in last 12 m ITM

 

[eskys]

Two more days to go and we'll be right,(hopefully) China downturn and her building kerfuffles, iron ore prices...good luck to us both

 

[Chipp]

Two more days to go and we'll be right,(hopefully) China downturn and her building kerfuffles, iron ore prices...good luck to us both

TAX loss selling needs to be done by close of trade today to apply to 23/24 tax period fwiw

 

[eskys]

TAX loss selling needs to be done by close of trade today to apply to 23/24 tax period fwiw

Thank you for that, much appreciated.

 

[eskys]

@Chipp, we're in the money, congratutlations! And, I'm getting close to BHP

 

[Chipp]

@Chipp, we're in the money, congratutlations! And, I'm getting close to BHP

I dont really give a **** where it is today tbh . The destination is my only real concern but sure its a start

 

[eskys]

Are you willing to share where that is? The destination?

 

[joeno]

Typical 1st people b/s
Just show us the money.
Basically illiterate in all forms of communication, written and spoken because of the lack of school attendance.
Taxpayer dependent, booze and drugs are their chosen way of life, for the ones that bemoan their lot in life.
What's so wrong with working on a mine site, learning skills, becoming a tax payer rather than a tax bludger.

let's not pretend their history is an easy one. It doesn't matter if you think they are boozing tax bludgers - it's just dismissive words. They would have a lot of similar stereotypes for you. They do have some sort of original claim to the land, but the best way forward for them is through more schemes to encourage education, increase the skill levels of Aboriginal youths and help them seek employment. It's a win-win situation.

As for the FMG stock itself... people have been bearish every single year since i invested in 2015. I see another 2-3x then slow and steady upward growth. Of course this is depending that the management team do a good job. That FMG keeps innovating / researching effectively. That the cost of production remains low and other expenditures and kept tight.

 

[finicky]

FMG​	MM are buying FMG in the Active Income Portfolio, allocating 4% around $21.50

 

[qldfrog]

Fortescue, Playground-backed hydrogen flight start-up collapses

Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

www.afr.com

Not directly fmg, just fmg money so shareholders $..and fmg PR about hydrogen

 

[Value Collector]

Fortescue, Playground-backed hydrogen flight start-up collapses

Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

www.afr.com

Not directly fmg, just fmg money so shareholders $..and fmg PR about hydrogen

All part of the creative destruction of capitalism, especially in the start up / venture capital world.

 

[Chipp]

FMG ticking a box after week in trade , Trendlinebreak , IO up >10% from lows.

 

[qldfrog]

Fortescue, Playground-backed hydrogen flight start-up collapses

Universal Hydrogen had attracted almost $150 million in funding, including from Aussie Peter Barrett’s Playground Global, but it wasn’t enough for it to take flight.

www.afr.com

Not directly fmg, just fmg money so shareholders $..and fmg PR about hydrogen

And btw i entered today at $22.4 as it shot past my open price.
Not a buy and hold, but an IO beacon

 

[Gunnerguy]

I sold a $21 August put last week for some premium, but happy if I’m assigned.

 

[TimeISmoney]

That's a promising looking candle, looks like it's on the move again.