They had their boom when everyone was panic buying, now it's over. What will happen now is that the share price will drop down to pre-panic price and what they'll probably do is offer a higher dividend yield to attract new investors. I'm glad I sold when I said, I had a feeling this would happen.
Fortescue plunge reveals huge shoes to fill
Fortescue could use a new friend. And quickly. The stock dropped like a stone on Tuesday, taking the benchmark S&P/ASX 200 down with it.Why?Because it lost one of its two big long-term backers; the sort of shareholder that picks and sticks and helps someone like Andrew Forrest have the certainty and platform to create a $63 billion miner.
Just remember that Buffett loves dividend stocks. In a volatile market they are a god send.
What Buffett's 9-Day Buying Tear of Oil Stock Occidental Says About Berkshire Hathaway's Bigger Strategy
The Oracle of Omaha has set his sights on the oil industry. Berkshire Hathaway, the holding company helmed by investing titan Warren Buffett, has upped its stake in Houston-based Occidental Petroleum,
Maybe if they sold their milk at a fair price and proved that it's better than the competitors in the way they claim then maybe they wouldn't be in such financial a turmoil.
I wouldn't be caught dead investing in banks at the moment after SVB and First Republic Bank fell off the cliff. Maybe when the world is not trying to tear itself to pieces, but it's not a safe beat now.
Prescriptions in New Zealand aren't free. They are dirt cheap, but they aren't free. And when you add in the renewal cost they quickly add up. I'm on Thyroxine and three months of medication may cost me five dollars but it could cost me anywhere between 20 to 50 dollars depending on GP for a renewal fee.
We don't mention that filth's name here. The former prime minister has made an effort to have his name stripped from history and as far as New Zealand people are concerned we feel the same way.
I was reading an article earlier on that claims New Zealand will introduce a road user tax for EV's. If that's the case I will stick to my current car that runs on dinosaurs, thanks. Stop deleting my comment you Nazi.