FMG 5.04% $17.50 fortescue ltd

fmg the lehman of the commodities bubble?, page-54

  1. 6,475 Posts.
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    "..iO now 88 but let's agree that this is a ST bleep.."

    Suspect not.
    Suspect it will range $70-100
    Suspect that $120 will not be seen again for at least two plus years

    Also suspect that FMG will do a highly dilutive cap raising. Lucky if they get much over $2, maybe even less.
 
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