FMG 4.01% $19.73 fortescue ltd

Iron ore price, page-19613

  1. 3,974 Posts.
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    https://edition.cnn.com/2020/02/23/business/stock-futures-coronavirus/index.html

    Most markets down over 4% so far.
    US went down 1000 points and has since come back a bit at 800 points down.

    FMG still getting their ore out and orders but if countries start closing down just about everything then no manufacturing which means no need for iron ore.

    The only stocks going up are the ones that trying for a vaccine.

    Going to be a blood bath tomorrow.
    Could go on for some months which means many will sell tomorrow and let it fall until they find a vaccine or the virus burns itself out.

    Who makes face masks and listed on the asx ?

 
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