FMG 0.93% $22.41 fortescue ltd

Will be under a $1 in my opinion, closer to $0.90 or should be....

  1. 7,844 Posts.
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    Will be under a $1 in my opinion, closer to $0.90 or should be. Covid scamdemic policies including lockdowns, mandates and stimulus money all coming home to roost including inflation rampant around the world, Cryptos dropping and more theatre with Russia/Ukraine shaping up as a distraction to the ineffectiveness of the vaccines.

    interesting couple of months, FMG better off holding onto some cash. The highly leveraged will be in for a rough time if interest rates rise and the missiles start flying towards Kiev/Kyiv.
    Last edited by street professor: 25/01/22
 
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