FMG 1.90% $22.00 fortescue ltd

io up (again), page-8

  1. 194 Posts.
    IO in AUD is appreciating fast, yet the decline of AUD and the resultant selling of those assets held in AUD (a lot of AUD would be held in ASX200 stock) is a headwind. Perhaps the real big move up in sp will come once AUD stabilises and this headwind is removed? In other words, while fundamentals are improving there will be plenty of sellers in the short term. Despite this, a good rally so far today....things are looking up.
 
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$22.00
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
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