FMG 3.23% $18.87 fortescue ltd

FMG / IO Outlook and News, page-51

  1. 15,508 Posts.
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    Way oversold - just ridiculous ... Monday we will start to recover ... once that 2019 debt paid I think it will be a very different story regardless of IO price after September ?

    I think critics keep forgetting with debt then being at such a low percentage of co. value and FMG clearly the lowest cost producer of IO that even if we don't diversify we are still in a fantastic position; one that surely will be envied by many competitors !!
 
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