FMG 1.20% $21.41 fortescue ltd

"...Logically the grades are inferior to BHP/RIO so how can they...

  1. 1,807 Posts.
    "...Logically the grades are inferior to BHP/RIO so how can they remain in the big 2 ball park levels? .........."

    Average, it doesn't matter what it reminds you of. The reality is according to both the annual reports of BHP and FMG, FMG in fact achieved a higher sale price per tonne of IO that BHP for the FY ending June 2014.Yes it is all there if u care to do some light reading...

    the market you are referring to is the 9% shorts? as every single company on ASX is now being marked down..too
 
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No. Vol. Price($)
1 93 $21.40
 

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$21.41 12657 3
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