Iron Ore Price, page-7266

I totally disagree. I'm sorry that you've lost money on FMG but there were a few factors at play which lead to the shorting and selling.

The main issue with FMG, and its main variable, is the IO price, which has fallen in the last 2 years.

All businesses carry risks whether it be company specific, industry, or microeconomic.

But here's why FMG is so good if you invest or trade correctly.

- One product, IO, that you know the price of on a daily basis. Try guessing the SP movement of a company wth multiple divisions, with unpredictable revenue patterns.
- Good management that actually achieve their targets. How many companies out there have the trust of its shareholders like FMG does.
- Besides the half-yearly and the annual report, FMG publishes quarterly production reports. Quarterly reports are not a legal requirement but FMG releases them to SET timeframes.
- FMG is one of the lowest cost producers and debt is no longer an issue.
- Industry and global sentiment improving.
- Trades at high volumes so no liquidity risk.
- Billions of dollars of assets.

I'm sure other members here can post more points, but just to reiterate, we only have one variable to be concerned about and monitor, and that's the IO price. This makes FMG the most transparent company on the market.