FMG 1.10% $18.88 fortescue ltd

IRON ORE TO BOOM according to PLAATS HEAD, page-2

  1. 10,129 Posts.
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    Steady on, i hear skyrocket & boom, discussed openly.. its very bullish..

    isnt IOP at us$125perT now, so when it was 35, FMG was at 2.00, now its 16.30, last time IOP was here FMG was at 7.00 with triple the debt, no divys & 20% of the cash in bank with similar AISC.

    fast forward a few years later and its now net debt free with near $5B in the bank & large FCF & $1divys last result, so who would bet against it now, chanos & shorting crew, you guys have been toally wrong!
    Burn you shorters BURN!
    Last edited by tomboy: 21/09/20
 
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