FMG 0.00% $20.35 fortescue ltd

FMG / IO Outlook and News, page-10

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    At lease it's a much fair article and I have to post it in full, hehe.

    Yes, bought back the shares I sold yesterday, but never picked the bottom, I'm still optimistic about Demand in March and April, all the historical data and news article are all talking up the demand, and yesterday there were physical evidence, so hopefully the trend continues. As of end of last week, only 30% of all construction come back from holiday, where are the rest of 70%?? We just need 90% of them starting next week and we should be sweet. From last year's sales report, next 3 weeks should see the strongest demand for Steels.

    DYOR.

    Frank.
 
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