FMG 1.17% $17.73 fortescue ltd

Iron Ore Price, page-10418

  1. 428 Posts.
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    Not saying you should short Peartart, just floating the idea of profit taking at this level if you've had a good run. I agree FMG has done some outstanding work but that doesnt necessarily mean it's good value at this level. As a hypothetical example, if the SP was $10 would you feel the same way? You cant deny the SP has reflected the good work by management with a 260% run since the beginning of the year.
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