FMG 0.94% $23.20 fortescue ltd

Iron ore price, page-51628

  1. 37,268 Posts.
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    I am somewhat peeved that FMG significantly underperformed against BHP and RIO yesterday … for reasons that aren’t clear to me … this on what was effectively a positive day for iron ore.

    Without knowing what @convexity might have to say this morning, with iron ore down, and BHP/RIO down significantly overnight in the UK and US, FMG doesn’t have the buffer of a good day yesterday for what should be a down day for the three of them, notwithstanding a 0.7% drop in the AUD overnight.

    Dex
 
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$23.20
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$23.46 $23.49 $23.04 $104.4M 4.486M

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