FMG 0.52% $20.25 fortescue ltd

FMG Technical Analysis, page-82

  1. 1,669 Posts.
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    While the short-term price seems to be topical, I'm just wondering why many FMG followers (or critics) over the sheer cash generation capacity of this company.

    Long-term debt (2020) will be callable early next year. I'd be surprised if the company has any remaining debt at the end of 2018. Noting that iron ore will continue to be in demand and noting FMG's ridiculously low cost, you do the math.

    Baron
 
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