FMG 1.10% $18.36 fortescue ltd

sub two dollars tomorrow, page-21

  1. 6,719 Posts.
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    jdvictoria,
    i am sorry, i disagree with you.
    i may not call this correction a short term one, i believe there is more to come. i hope not, but its on the cards.
    ofcourse it may happen that FMG is not around anymore in its present form by next year, eg, FMG can be swallowed by RIO, BHP or anyone else. also FMG may form a conglomerate with other related companies (eg PDN/DYL, you name it) to create a huge diversified force in the market, similar to BHP or RIO, these days EVERYTHING is possible. at any time. FMG has laid its foundations well.
    have a good weekend :-)
 
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