FMG 0.45% $22.10 fortescue ltd

good news but sp dropped

  1. 17,117 Posts.
    I wondered why the sp dropped yesterday, admittedly on very low volume
    now in the afr today, they won the right to build a rail line thru protected land.........56 klm line
    I would think that was excellent news
    maybe yesterdays sellers they thought not.........or is there another reason ???
    I am waiting for the contract to seal the deal at 15.90-16.80 sales,,,,,,,should send it into a spin
    cheaper cost for top ups if the same today, but I doubt it
    anyone else follow ?
    cheers
 
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