FMG 1.26% $18.75 fortescue ltd

io pure play days numbered

  1. 2,043 Posts.
    lightbulb Created with Sketch. 217
    3 days ago

    "FORTESCUE Metals Group's days as a pure-play may be numbered, after chief executive Nev Power confirmed his wish to diversify into commodities and industries beyond iron ore."
    ......................................................

    Any ideas? What might be a suitable play? It wouldn't be gold after the deal with Northern Star.

    Copper maybe.

    .....................................................


    http://www.theage.com.au/business/fortescue-bids-to-branch-out-from-iron-ore-20130124-2d9mc.html
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.