FMG 1.47% $17.26 fortescue ltd

Iron Ore Price, page-2597

  1. 3,355 Posts.
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    I see Dalian is down 12 points to 349.

    I remember Andrew answering the question posed to him on four corners a few months ago about what happens if the IOP goes to low $40s and stays there for an extended period of time. His response was something along the lines of 'well if you say the sun isn't going to come up tomorrow of course it's bad'.

    Food for thought - price takers are always vulnerable...
    Last edited by AnDy62: 03/11/15
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