FMG 1.25% $21.25 fortescue ltd

Chinese controlled FMG, page-20

  1. 2,000 Posts.
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    BHP already has a JV with "China" - Wheelarra JV over their Jimblebar mine (Wuhan, Maanshan, and Hebei Steel)
    RIO has a JV with "China" - over their Parabadoo mine (Baosteel), Channar mine (Sinosteel), and of course the Simandou JV (Chinalco)
    FMG already has Chinese ownership with 14.54% owned by Valin. In addition, FMG is potentially under foreign control if it defaults on its junk bonds (unlikely right now).
 
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$21.25
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-0.270(1.25%)
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Open High Low Value Volume
$21.60 $21.64 $21.19 $55.95M 2.618M

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No. Vol. Price($)
2 45 $21.25
 

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Price($) Vol. No.
$21.26 6738 22
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