FMG 3.61% $20.10 fortescue ltd

Iron Ore Price, page-4557

  1. 13,783 Posts.
    FMG mcap is 6B at $2.00

    Net profit = 1.5B = 4x pe at $2

    if .. IO holds average price over 40t over next 4 y

    then as 6B Debt may be paid down to 2B over the 4 y to 2020

    FMG could and should be minimum 10x pe = 15B mcap = $5
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