FMG 0.90% $20.14 fortescue ltd

Before FMG there was a type of cartel in place & as history...

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    Before FMG there was a type of cartel in place & as history showed us the Chinese needed FMG to be to stop those other two ganging up as their IO needs grew. Strangely the same is occurring in the potash market , a product that the Chinese & Indians need a lot of . Currently dominated by the Canadians & the Ruskies ...but in the UK a group of Australians is busy recreating the same scenario & the company is led by people who were instrumental in the establishment of FMG. Can history repeat? who knows but that wild ride on FMG back a decade ago was something else wasn't it..Sorry to intrude .
    E
 
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