fmg are a great company which we all realize,and basically should be revered as such,especially with the struggle to get to their now lofty position as a serious IO producer,against all odds.that said,you can invest in them a few ways.the worst is to actually back them because you have a loyalty soft spot ,the other is to get tempted by the low PE,which is a big no no,as the IO spot has definitely not bottomed as yet,and the last and best is sit back on the sidelines,let world events settle down,let the chinese leader show his cards on the table as to what he is going to actually do to move his country forward .
you won"t miss the boat by leaving circumstances consolidate to more favorable probable outcomes.
you see this scenario that is unfolding,places all of us in totally uncharted waters,and anyone who bucks the trend by just throwing money at a falling star,is not a "punter',but a gambler.
cheers crazypunter
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