FMG 1.63% $21.76 fortescue ltd

fmg is higher risk than unhedged io in ground, page-15

  1. 7,705 Posts.
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    LOL. A one trick commodity company that barely avoids bankruptcy whenever the IO price collapses. The last price collapse was just five years ago. So far a Chinese stimulus package has always arrived just in the nick of time. But one day it won't.
 
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