FMG 0.65% $18.56 fortescue ltd

" premature" may be but it was a future call. it would be...

  1. 2,933 Posts.
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    " premature" may be but it was a future call. it would be "Optimistic" if the fundamentals were not in place.

    the one thing that kept this share down was its debt ration to earnings.
    past was bad high debt, low earnings. this is becoming the opposite.

    look at fmg situation in past when it was double figures. look at the situation now.

    i know china was growing in double figures then. but look what fmg was doing.

    If iron ore holds its a done deal. there is more to Fmg that people see.

    I will not say again its debt and commitment to reduce it. its not just talk its fact happening as we write.

    lets talk again about it end this year. and see if we use the words optimistic then.

    we should be happy. all up side.
 
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