FMG 3.09% $17.34 fortescue ltd

Going down, page-189

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    AJ-what i am saying is that the IO sector in general has a long way to bleed.the probability of this occurring is what you should focus on.all that cost cutting does by our big players ,just makes it even easier for china to get the same amount of supply at reduced SP.what i am saying is that it will eventually reach a bottom,but if you hang on you could lose huge capital.
    cheers crazypunter
 
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