FMG 1.56% $18.97 fortescue ltd

what happened?, page-26

  1. 5,760 Posts.
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    i"m not at all experienced in all this,but if the china tightening was so serious an issue,that would have effected all aussie stocks and not just the miners.maybe as lookandsee says,china is taking the hard but necessary decisions to get the bubble under control.i agree that the sentiment of these people is to become dominant world players,and i don"t think they will stuff things up like the US or japan.just as an aside,i only found out today that fmg was the 4th largest ore producer,so obviously a more important company relating to our economy than i first thought,and with the one off maritime union problems compounding the issue of today"s fall,there could be a lot of upside on the horizon.
    thanks for reading
    crazypunter
 
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