FMG 0.49% $22.59 fortescue ltd

bhp/rio deal is off fmg is a sitting duck, page-49

  1. 2,656 Posts.
    There exists a bit of mis communication on this largely and usually decent thread.

    It appears as though people are looking at the short term price and talking about long term possibilities and posting soemwhere in the middle.

    A BHP T/O is a medium to longterm possibility, Chinese I/O demand although secure is not overpowering the global short term sentiment sentiment. The comapny has debt and a market too.

    Anybody here willing to state short, medium and longterm price outlook and fundamnetals ?

    All the best.
 
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$22.59
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2 2064 $22.57
 

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$22.59 197 1
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