FMG 0.45% $22.10 fortescue ltd

Ann: June 2015 Quarterly Production Report, page-54

  1. 5,732 Posts.


    Stock market is a strange beast... If I had a dollar for every time a stock on my watchlist tanked upon releasing an announcement (and great one at that) only to rebound the following day by sometimes twice as much as it dropped...

    Look at LNG.. It bolted to $4.15 today only to tumble down to a low of $3.49 thereafter, then rebounding somewhat & now sitting at $3.66 from that high... The price range is enough to give you a head spin...GO figure...

    So itz not only FMG getting a flogging.... Everyone is gloom & doom...

    Confusing alright...
    And all the uncertainty of the IO price does NOT help...
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.