FMG 0.06% $16.12 fortescue ltd

fortescue breaks ranks to ink deal with china, page-18

  1. 11,463 Posts.
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    Peter pumkinhead,

    It seems to me it's in the national interests to allow it's major client a circuit breaker to save face.

    This deal allows central buying authority to extract itself from negotiations handing negotiations back to the steel mills.

    And only postpones pricing changes six months.

    Hmmm strong emotions and investing .

    Does that work?

    AF HAS DONE VERY WELL FOR HIS INVESTORS!
 
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