FMG 3.28% $19.50 fortescue ltd

Iron ore price, page-1281

  1. 182 Posts.
    Lion
    Thank you. I have been looking for the turnaround point. I don't think its now because, looking at the Dalian daily chart, there was a lower low in IO on Friday before the 2% recovery and I fear that indicates further weakness. Also there is a lot of negative sentiment around about IO. When will FMG turn around? I expect there has to be a turnaround in sentiment on IO and Chinese growth before FMG turns around. There does seem to only marginal consideration in the SP for how good FMG is as a company and FMG largely just follows the IO price. Anyhow if you have a view on when the turnaround will come I would love to hear it.
    Good Luck
 
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Last
$19.50
Change
0.620(3.28%)
Mkt cap ! $60.03B
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$19.03 $19.50 $18.97 $134.1M 6.935M

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No. Vol. Price($)
1 5000 $19.49
 

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Price($) Vol. No.
$19.50 30744 25
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