FMG 5.72% $20.10 fortescue ltd

FMG / IO Outlook and News, page-16

  1. 3,123 Posts.
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    FMG is all about about CHINA.

    IO Price is all about DEMAND ATM.

    Listen to those saying IO Price is crushing when STRONGEST DEMAND IN CHINA is coming just hard to swallow.

    I'll post the Physical Market report later if I'm free, and from the Futures this afternoon, demand shouldn't be too bad. Weekend market will be the key though.

    Back on Monday we'll see SP goes up again, and the cycle continues.

    DYOR.

    Frank.
 
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