FMG 1.91% $17.94 fortescue ltd

fortescue breaks ranks to ink deal with china, page-24

  1. 6,757 Posts.
    You could be right eyeswideopen and it may explain the fact he's giving an even bigger discount on products he doesn't even sell. I admit I hadn't thought of it this way but perhaps he is just the fall guy (in the Australian press) in a face-saving exercise. I guess we will find out soon enough whether there is a decline in tensions between China and Australia as a result.

    Strong emotions and investing generally don't work - though you have to understand them because there is a very important political context here. I have no financial interest in any case.

 
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