FMG 1.26% $18.75 fortescue ltd

FMG's rise was way above that of BHP and RIO etc, so it wasnt...

  1. 13,444 Posts.
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    FMG's rise was way above that of BHP and RIO etc, so it wasnt just a case of across the board re-rating of IO stocks. I'm with you nice one, but as we know FMG can run out of kilt to the rest of the market, case proven last few days. I would say there were some fingers burnt today with punters reading $6 into the share price....too soon, and buying into the mid $5's... maybe they are still on,

    good luck as always.
 
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