FMG 3.61% $20.10 fortescue ltd

Iron Ore Price, page-15383

  1. 13,467 Posts.
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    DR I'm just shooting from the hip but I think the s/p may have got ahead of itself, FMG did have a stellar run this year. There has been talk about $ I/O falling next year, the shorters have been going all out and Xmas thrown into the mix ? Ok there has been good news also but the markets sometimes over shoot either up or down. Maybe we have seen both these extreme's come into play here.

    kara, are you really down $500k ( 1/2 $mill) ? that's the pits and I'm sorry to hear.
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