FMG 3.61% $20.10 fortescue ltd

Rod178 Under our system something is worth what people are...

  1. 1,362 Posts.
    Rod178
    Under our system something is worth
    what people are prepared to pay for it!

    You would be an absolute fool if you think
    FMG SP will continue drop if the Iron Ore
    price continues to rise.

    Give me one example ever where that happened for more than just a few days.

    With the intervention by the Chinese Government it is likely that the Iron Ore
    price will bounce from here.

    Exactly how high and for how long is another
    story.


 
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