FMG 0.90% $20.14 fortescue ltd

It's been a long time since I was invested in this amazing...

  1. 6,716 Posts.
    lightbulb Created with Sketch. 11
    It's been a long time since I was invested in this amazing company but I think I must endorse what AF said about capping supply , the bast example of this working aside from OPEC is in the Potash industry. Remember when BHP was knocked back by the Canadian Govt in it's bid to buy A potash mine, They made the mistake of saying they would not be a part of the Govt run cartel Canpotex, similarly the other big player Russia has run a similar cartel for decades.
    Just some obs
    Cheers
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.