FMG 1.20% $21.41 fortescue ltd

in any case there is no question there is deep value there what...

  1. 2,425 Posts.
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    in any case

    there is no question there is deep value there

    what has to happen is the company needs to create demand for its scrip and somehow make the free f loat of shares scare of sellers, they need to create that story of growth in earnings even without the fe price fluctuations. ie magnetite etc

    its up to the company to sell this story, australian instos will only buy it if it hurts their performance. that can only happen if it goes up. stupid but thats the way it works
 
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