FMG 1.20% $21.41 fortescue ltd

Andrew.F, page-14

  1. 31,442 Posts.
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    Hi Snake

    your like a squirrel looking for a nut. "This is commodities not tech markets." is there a special rule that rio and bhpb set on commodities is there ? I didn't know they set the rules.

    or maybe your though processors are the same as those economic retards that run rio and bhpb. why is the iron ore price closer to your 30 year average than the consumption of iron ore, Does that tell you something ? Like maybe rio and bhp are incapable of maximizing profits during this biggest boom in History ?

    I thought commodity prices would drop in line with demand dropping...well that's how it is everywhere else! otherwise to increase sales you would drop your selling price to sell more but that's not happening on a business scale, marginally yes.

    "If the price and stayed up $100+ wouldn't more companies have just done or tried to do what AF and Gina have done and we'd still end up back here anyway?" Well it sure now does seem rio and bhpb are paying for it not not allowing shared access to rail whether north or south of $100
 
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