FMG 0.45% $22.10 fortescue ltd

from citigroup this morning , page-9

  1. 1,050 Posts.
    lightbulb Created with Sketch. 59
    Dull,

    Plenty of question marks remain on FMG about them hitting their shipping targets and any penalties triggered from their lenders if they fail.

    But I wouldn't be paying too much attention what the major brokers say as they have been bearish from the start on FMG due to being burned by Forrest on annaconda. They are only covering it now as they are forced to.

    Definetly DYOR on this company and make up your own mind.

 
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