FMG 0.90% $20.14 fortescue ltd

Worst case value 70- 92cent, page-15

  1. 2,304 Posts.
    None of what you said matters for FMG. The only thing of importance is the debt level. The debt of FMG is way to high for this type of market. With the IO price likely to fall more. I think between $40 and $50. FMG is going to collapse into the abyss. And never be heard of again. It will fall under $1 at some point.
    Last edited by TeTeTe: 01/12/14
 
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