FMG 1.72% $22.48 fortescue ltd

Iron ore price, page-35099

  1. 10,238 Posts.
    lightbulb Created with Sketch. 1411
    Meanwhile in the land of the forward looking, phsycially settled IO futures did not crash today (that was news from 2 days ago) but rather gained about 2% overnight.

    Furthermore, both RIO and BHP scored good gains in the UK and currently in the US so it's going to be catchup time today for BHP and RIO.

    Looks good for FMG on the open at least today, I don't see any reason why we shouldn't start +2% - even BHP and RIO should achieve that.
    Last edited by convexity: 11/08/21
 
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