FMG 3.61% $20.10 fortescue ltd

FMG Technical Analysis, page-11396

  1. 1,577 Posts.
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    Off highs

    FMG -26%
    BHP -15%
    RIO -14%

    great time to go shopping and great time as always to diversify

    BHP slightly reduced divs - fair enough they have some restitution bills coming their way, nickel's off and copper has temporarily lost its shine (looking alittle Green one could say)

    FMG - quite the drop but it has always been a historically wild swinging stock, and lets face it wild swings make for great profit opportunities.

    Question for those with greater knowledge - do MOU's carry any value at all??? Forest went on a global trail blazer frenzy with his new private jet and signed a heap of them on the promise of the Hydrogen dream... now what?

    did they and do they hold any value?

    Forest scares me alittle too - I would rather he didn't speak publicly and simply stay behind the scenes and keep growing FMG 's core business - ROCK (including copper maybe?)

    all imo of course..

    buy time me thinks..
    fb out
 
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