FMG 5.04% $17.50 fortescue ltd

good reentry price, page-33

  1. 1,083 Posts.
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    There will be no need for a capital raising..or indeed any bondholders any longer....watch out for a pleasant little surprise...i'll even make a wager that analysts will say "s**t...we didn't think of that"...

    2 other points..thk how how the short covering rally will be..and also try and ascertain at what price the chionese become involved (ie..remember they have already made a private bid afor a chunk at $13.52 and were knocked back)..in the meantime let the market sort itself out...
 
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$17.50
Change
0.840(5.04%)
Mkt cap ! $53.88B
Open High Low Value Volume
$16.89 $17.74 $16.84 $346.2M 19.88M

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No. Vol. Price($)
3 5870 $17.48
 

Sellers (Offers)

Price($) Vol. No.
$17.50 12148 3
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