FMG 1.56% $18.97 fortescue ltd

fortescue takes first step in debt reduction, page-54

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    Once again, we see the FMG price go UP with a sudden leap UP in the $A rate.

    Time and again, I've seen this happen, even though simple sums will always be that a falling $A increases company revenue.

    Fundamental analysis has its place, but it is far from the main driver of prices.
 
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