FMG 1.10% $19.76 fortescue ltd

worrying times, page-24

  1. 464 Posts.
    Hi Buddy,

    I would have no concerns about FMG. The market for IO has fallen away but of course it will pick up again.. China, India and other developing nations will still need steel.

    Just a hiccup occuring now but i do feel that it will take a good 6 months to see any real appreciation.

    So for now hold is my guess..........
 
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