FMG 3.61% $20.10 fortescue ltd

Better than WA Nationals having balance of power in the...

  1. 35,231 Posts.
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    Better than WA Nationals having balance of power in the Legislative Assembly but what happened with the Upper House being a mess is probably not good for FMG and might be why it is currently trading down with bearish sentiment suggesting lower ATM.

    BHP and RIO would presumably be reasonably happy out of it but the Legislative Council result is a horror for FMG, AGO, MGX and WA based FeO miners IMHO.
 
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