FMG 0.00% $18.40 fortescue ltd

Iron ore price, page-47733

  1. 7,705 Posts.
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    I don't get your point, it's expected IO prices are going to $70 - $80 and if it does, as expected, it doesn't change the valuation of IO stocks at all.

    At $70 FMG gross profit would halve. But you claim the valuation wouldn't change. That's of the most nonsensical claims I've ever read on HC.
 
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