FMG 2.21% $16.66 fortescue ltd

FMG Technical Analysis, page-4437

  1. 748 Posts.
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    All of those things are great - but none are new news from a week ago (SP closed at $10.85). This has been a significant move in price, with a spike in volume (at least from the rest of January - albeit that is not a great guide).

    If this is just the fund managers adjusting their numbers then I'l be surprised.

    It's good to see this swiftly moving towards fair value - but I also think there is something big cooking.
 
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