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maybe but SP did not follow the expected xmas merry go round and I am out today with a small profit
maybe but SP did not follow the expected xmas merry go round and I am out today with a small profitTwiggy is pro China, FMG will be the last IO company to lose exports to China, not impossible but unlikely at this stage.
FMG and China have also collaborated on building green steel, which the EU will most likely use.
There's a good chance that China will end up printing more money to keep the domestic market going as it is in competition with the US.
My crystal ball worked today, lol. I thought it would be China's stance on the economy.maybe but SP did not follow the expected xmas merry go round and I am out today with a small profit
Just buy FMG stick the buy contract in you bottom drawer, and enjoy the dividends in perpetuity.maybe but SP did not follow the expected xmas merry go round and I am out today with a small profit
And enjoy the tax free Divs.Just buy FMG stick the buy contract in you bottom drawer, and enjoy the dividends in perpetuity.
So many people over think these things, and make investment harder than it has to be.
Just find it hard with fmg and their bi monthly green iron BS.And enjoy the tax free Divs.
It's the way of the world these days, RIO and BHP are doing the same thing but aren't as vocal about it. Some of it will cut operating costs if they can get it right, but I go with the flow and collect the money where I can.Just find it hard with fmg and their bi monthly green iron BS.
If i have shares, it is my money going in smoke, on the other hand, maybe cost of doing business , and a good price to pay to join the woke and avoid women secret site under the crushing plant or endangered gremlins in the headquarters gardens
Well, not really tax free dividends (unless it’s in your super pension phase, but yeah they come with a tax credit/(franking),And enjoy the tax free Divs.
I'm a self funded retiree before retirement age, collecting divs with franking credits is still better than buying and selling in under a year and paying the full CGT or money in the bank where you pay full tax on any earnings.Well, not really tax free dividends (unless it’s in your super pension phase, but yeah they come with a tax credit/(franking),
Definitely.I'm a self funded retiree before retirement age, collecting divs with franking credits is still better than buying and selling in under a year and paying the full CGT or money in the bank where you pay full tax on any earnings.
Same here, and you are right.I'm a self funded retiree before retirement age, collecting divs with franking credits is still better than buying and selling in under a year and paying the full CGT or money in the bank where you pay full tax on any earnings.
This 30 second video shows how we will all be talking about FMG in 30 years.I'm a self funded retiree before retirement age, collecting divs with franking credits is still better than buying and selling in under a year and paying the full CGT or money in the bank where you pay full tax on any earnings.
Man, you missed the jump by 24 hours.maybe but SP did not follow the expected xmas merry go round and I am out today with a small profit
An exceptionally strong (and strengthening USD) @dat111. It's not just the AUD that's weak against the greenback - the other major currencies are also expressing weakness too (i.e.: Euro, Pound and Yen). A good indicator to watch is the DXY for the overall movement (if you feel inclined to trade it, then you can use UUP) - here's the current daily chart for DXY:Why is the AUD so weak against the USD? What is going on in Australia that is weakening the currency? Does anyone have an opinion on whether this is a blip and will recover in a timely manner?
Our economy is a resources based economy, therefore it is affected by resource based analysis and with the expectation of a slowing China, our economy is expected to contract.Why is the AUD so weak against the USD? What is going on in Australia that is weakening the currency? Does anyone have an opinion on whether this is a blip and will recover in a timely manner?
A weaker AUD vs USD is good for FMG.Why is the AUD so weak against the USD? What is going on in Australia that is weakening the currency? Does anyone have an opinion on whether this is a blip and will recover in a timely manner?
That's very true, but whether that halts the downward trend is yet to be seen.A weaker AUD vs USD is good for FMG.
Respectfully disagree @Value Collector - that correlation doesn't appear to have been the case this calendar year - a closer correlation between FMG and iron ore (either TSI or TIO) appears to be the case:A weaker AUD vs USD is good for FMG.
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