FMG 1.91% $17.94 fortescue ltd

fortescue breaks ranks to ink deal with china, page-17

  1. 6,757 Posts.
    imperatore,
    its in the national interest to receive higher prices for iron ore. Its in FMG shareholders interest (in the short term at least) to bust the pricing system and take lower prices in exchange for investment in additional capacity and a cozy relationship with the Chinese government. These two interests are at odds.

    I meant "scab" in the traditional Australian sense as one who breaks ranks with a union for their personal gain. Of course there's no suggestion of any "union" being involved here they are all fierce competitors ;)

    I have no opinion on the other points you raise they seem completely irrelevant - perhaps try them out on the general thread and someone might bite.
 
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