FMG 1.56% $18.27 fortescue ltd

Iron ore price, page-52387

  1. 10,316 Posts.
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    Useful bounce in IO, but it hasn't really filtered through to stock price gains.... BHP spent the entire night recovering from heavy early losses (again). Vale was up ~2% overnight so FMG looks undercooked to me:

    https://hotcopper.com.au/data/attachments/6244/6244162-d22ffcdacf5ee683a1d7d1b0c3ded5ad.jpg
    Last edited by convexity: 14/06/24
 
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