FMG 0.68% $19.09 fortescue ltd

fate of fortescue, page-3

  1. 3,111 Posts.
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    just read on "The Australian" on page 37 that 3 Chinese compaies all spent time with Falcone, (who is the one put a cool 150 million into FMG and turnied into 4.7 billion and counting), so there may be some more intersting parties in pipe line??? I remembered another coal company annouced on ASX that there are discussion on company offors,the same response was in that company thread in HC that to sell while it is so call high price. The share jumpt further $2.50, so I am a firmer beliver this one will not come down price, with a potential slightly down-remote chance at the moment. While no offical concrete conculsion annoucement yet!

    Good luck with people think otherwise.

    If you really worry why not just sell part of it and let the rest ride along the up trend??
    disclaimer with 2 cents of observations!
 
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