FMG 2.15% $18.49 fortescue ltd

FMG other crap, page-624

  1. 222 Posts.
    lightbulb Created with Sketch. 24
    Was reading AFR article - "The fundie betting his house on more market pain. Literally"

    Unbelievable... why bet the house on loss making companies in the hope that they will achieve their historic p/e multiples (in how many years), when you can already bet the house on profit making company (FMG) through the recession. And the name dropping of CCX, absolutely crap company IMO based on their cost of doing business.

    Fund managers...
 
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