share price, page-23

Greyhound trainer I tend to disagree with you re: same thing with FMG and BHP.

FMG is a pure play iron ore producer which will not be able to expand as it previously planned but willl make profits. Its a low cost producer of Iron Ore. I just heard they made a $360 million profit for the last quarter.

BHP is the biggest Australian diversified company which will benefit from current turmoil. The share price may not prove me right. It trades at a pe multiple of under 7 which is actually under the all ords pe ratio and on the surface is ridiculously cheap.

BHP and FMG are here to stay, FXR has been trying for years. It comes down to one thing, poor management personnel during the good times.