FMG 1.72% $22.48 fortescue ltd

Iron Ore Price, page-4531

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    Not just massive fall in net profit, consider this business has pumped billions into ramp up production and still 88% fall in profit.

    Spend BILLIONS into business and your profit still collapse. Those BILLIONS are funded by DEBT (+ high interest credit card loan) to grow business and profit still collapsing. 2015/2016 financial year will be a lot worse since iron ore dropped further.
 
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