FMG 0.86% $18.44 fortescue ltd

no sign of twiggy ?, page-2

  1. 3,271 Posts.
    Actually very good point Fang, it seemed we got an announcement from FMG ever time Andrew got lucky in the bedroom, these days its a series of Appendix 3B, 30 cent share give aways to staff every week. I imagine the court case / gfc has a lot to do with it. Still how 1 billion plus in revenue, up 17% from last report goes down to 43 million in profit has got me stuffed. FMG gurus should have considered selling on the Spot market. I'll hold for the next 6 - 10 months for now, unless there is a major improvement in the bottom line BHP / RIO will be my choice for the sector, still have faith but less of it these days.
 
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