FMG 0.52% $22.12 fortescue ltd

Iron Ore Price, page-80

  1. 482 Posts.
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    http://www.theaustralian.com.au/bus...ub-us40-iron-ore/story-e6frg90f-1227405144278

    "Meanwhile, Citi has belatedly upwardly revised its bearish second quarter forecasts for iron ore to $US58 a tonne, from $US44 a tonne previously. The bank's analysts also revised their third quarter view upwards to $US48 a tonne, from $US36."

    Ahahah second quarter forecast revised upwards with 2 weeks remaining in the quarter, gee I wonder what went wrong there!
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