Iron ore price, page-12572

Sanctioning of China very real risk to price of iron ore.

You shortterm traders can't say you haven't been warned market probably won't like in first instance but creates a buyback opportunity for fmg to get the business they takeover cheaply.

Looking at what the market might consider as responsible diversification, there isn't alot of options as the business firstly has to be in an industry that has the opportunity to deliver at least $200M free cash flow per month,imo.

All script takeover of fifth largest bank with the view of building it into a major is one such opportunity.