FMG 0.87% $21.71 fortescue ltd

maybe people should play the project and not the man!!!!as...

  1. 960 Posts.
    maybe people should play the project and not the man!!!!as S/Cross equities have said.
    an expansion at this time when global demand for iron ore is set to increase yearly for many years , i think AF is moving at the right time ,FMG obviously have stong interest from asian steel mills for FMG's iron ore,also its in China's interest to make sure FMG are successfull,(re bhp,rio,cvrd power),strike while its hot, the customer gets what the customer wants always good market practise to look after your customers IMHO,isn't that what business is all about???
    AF will get this up guys,dont fight it and anyway i have always maintained that in the end someone will want FMG's assets and we will see a big takeout price.
    Also funds will need the stock when it goes into the asx100 whic i believe is soon and they cant afford to be wrong by ignoring FMG so,up she will go.
 
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$21.71
Change
-0.190(0.87%)
Mkt cap ! $66.84B
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$21.77 $21.80 $21.34 $408.6M 18.51M

Buyers (Bids)

No. Vol. Price($)
2 289875 $21.68
 

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Price($) Vol. No.
$21.72 95078 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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