FMG 0.25% $21.77 fortescue ltd

From Credit Suisse, page-9

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    The fact is that all the figures mean diddly squat, there are too many unknows and assumptions. What we have to watch for is how much notice the instos take of the figures. It always comes back to the human factor.

    And the biggest unknown of all is this; Lets assume for argument that the worst happens. What we DO KNOW is that the management will not sit idly by and do nothing. They will do something. We just don't know what.

    Sometimes, real pressure brings out the best in managers and people.

    For me it goes full circle back to the price action for guidance, which is really an average of all opinions on the stock at any given instant.

    Eg, right now its $3.485, and you can be sure that includes knowledge of the figures in the post above.
    Last edited by farmboy: 29/10/14
 
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$21.77
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$22.18 $22.18 $21.69 $81.97M 3.739M

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No. Vol. Price($)
29 17499 $21.76
 

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Price($) Vol. No.
$21.77 3382 23
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