FMG 1.60% $21.51 fortescue ltd

Ann: Media speculation regarding potential asset sale, page-24

  1. 31,555 Posts.
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    blox, i don't really dig right into it as in my opinion its not accurate, for example and i have said this many times, late last week the 2 most traded closed green yet iron ore had no price movement.

    This might help you, below is the dalian from 13th April at that time iron ore was $49.70
    Capture.JPG3.JPG


    Yesterday Sep contract was almost 450 and iron ore at $56.00

    So back in April they thought sep IO was going to be 380 yuan and of yesterday they think 438 yuan
 
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