FMG 0.90% $20.14 fortescue ltd

News: FMG Australia's Fortescue cuts annual iron ore shipments guidance after cyclone, page-6

  1. 4,266 Posts.
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    Ha, cmon purple. The headline on the announcement could've been picked up by blind freddy...

    This is orchestrated and even has a subtle dig at Goldmans and UBS to try and remove themselves from the ring.

    Regardless of if you own FMG or not the main story should've revolved around the huge jump in realised price. the other variables were minimal.

    That paragraph is everything i have tried to highlight over 5-6 years in relation to commentary on FMG
 
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