FMG 3.98% $20.90 fortescue ltd

Shorters Beware CS sees rally ahead in iron ore, page-27

  1. 2,304 Posts.
    Not to many. That is my point.
    You need to see many go under before we have a bottom.
    We are still a long way from that. level
    It may not reach $25. But still at $35 or even at $45.
    Many will be in a massive whole. The only ones that have
    any chance of surviving are those with lots of cash and little to no debt.
    And FMG is not one of them. They are the biggest debtor of all.
 
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