FMG 1.86% $19.54 fortescue ltd

Iron ore price, page-49898

  1. 11,680 Posts.
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    Not promoting another stock, but for transparency I do own them, but GS said that they would be selling their holding in LTR as they had refused the bid at $2.50, so the share price would fall back to $1.50. The rubbish they come out with is unbelievable. My superfund did everything they could to persuade me not to buy FMG when they were trading round the $4.00 mark, and to buy BHP & RIO instead. Only when I threatened to close my account did they allow the purchase. His parting comment to me was, don't come crying to us when you lose all your money.
 
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