FMG 2.21% $16.66 fortescue ltd

io is up $1.11, fall in the price is temporary, page-7

  1. 1,562 Posts.
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    Lookandsee.

    That's a point that is never made. China was increasing by 10% pa for about 4 years, so that's;
    Yr 1 110% of starting point
    Yr 2 121% of starting point
    Yr 3 133% of starting point
    Yr 4 146% of starting point

    Then they talk it down when we're ONLY looking at 7.5% growth which will take us to 157% of starting point. Or another way, 7.5% of new growth is 11% of the % growth of 4 years ago.

    Unfortunately, I can only give you one tick up.

 
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