FMG 0.45% $22.10 fortescue ltd

Yeah I know its listed in other places of the world which have...

  1. 369 Posts.
    Yeah I know its listed in other places of the world which have separate MCs however I don't have that information. I was pointing out DULLs brainless comment with regards to the info I have on hand.

    The whole 1 to 10 liquidity thing will attract some mummy daddy investors such as DULL who have no idea about MC and clearly look at the SP - which proves their ignorance.

    People like I have no idea are just pissed off a stock they watched in the cents grew to $60. But your right look at the potential EPS for FMG - esp at 200mt production, it does validate its current MC - hence SP. It will easily hit $100 or $10 (if they introduce the share split).

    PS I don't hold FMG, I'm in other IOs. But FMG is truely a great stock.
 
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