FMG 3.23% $18.87 fortescue ltd

oversold imho

  1. gmt
    7,980 Posts.
    lightbulb Created with Sketch. 133
    Over reaction to the extra spend, I think it was prudent to announce extra spend early to market. Costs related to late completion of rail line and the flow on for not delivering Iron ore would far out weigh the extra expenditure to bring project in on time. My opinion only read the red stuff below.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.