FMG 1.86% $19.54 fortescue ltd

This chart says it all, page-35

  1. 5,315 Posts.
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    Should also add this:

    Why is RIO 27% above 52 week lows and near fresh highs that it continually makes? And FMG is 10 cents off making fresh 52 week lows? They are comparable in that FMG is 100% iron ore earnings and RIO is 85% or so.

    Not to mention RIO's market cap is well over 5 times the size of FMG.
 
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