Had a look at BBY brief this morning.This is a well respected securities firm.Anyhow they have a strong buy on FMS and a 12 month target of 40c.I receive information from them because they have recently bought StoneBridge stockbroking of which I was a client.
I'm a long term holder of FMS.
I realize that they have to get the rail and port situation sorted out but China is still growing exponentially and still hungry for iron ore so I think that infrastructure for FMS won't be too far away.We do have close to 1b tonnes of quality iron ore after all!
Good luck and may we all prosper.
bby has a target of $0.40
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80.5¢ |
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Mkt cap ! $160.8M | |||
| Open | High | Low | Value | Volume |
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