FMG 1.10% $19.76 fortescue ltd

Iron ore price, page-6778

  1. 2,425 Posts.
    lightbulb Created with Sketch. 26
    however if you look at it for next 12 months

    they have 40c+9c (one off costs) + 5c (in interest savings)

    thats an eps of 54c per share and that assumes the discount doesn't close and fe does go up from here???

    not even on a p/e of 8

    in addition they will have some eliwana material come on this fy

    i would have though risk/reward here not bad - but then what do i know
 
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