FMG 0.83% $18.29 fortescue ltd

bought at close 2.95, page-64

  1. 5,348 Posts.
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    All we need to know about the immediate future of the sp for iron ore producers is summed up in the Baltic Dry Index. (http://www.dryships.com/index.cfm?get=report)

    The fundamentals won't change but the sp is not going anywhere in a hurry until that blue line changes direction.
 
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