FMG 0.49% $18.18 fortescue ltd

I wonder if the billionaire boys club on the other thread...

  1. 1,252 Posts.
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    I wonder if the billionaire boys club on the other thread managed to get their high tea event organised.
    Thanks for reminding me about high tea. Ruffels in Singapore would be nice. About 3 days ago I was .Oderated. In the post I mentioned a sale of Feb $7.00 options at 25c. On Monday I intend to sell more.  My dilemma is sell $7.00 or $7.25 options and at what premium. So you can see I am busy at $7 and up. I sincerely hope that you are right and I agree that at $80+ IO price, FMG is undervalued and $7+ SP is justified.
    My stratigic, long term view is rather pessimistic. Iron ore is just a commodity that is plentiful on our planet, can be easily mined and has substitutes and alternatives.
    My post was .Oderated because of references to Ashley and .Oderation  on HC.
    By the way, where is Ashley? I am missing him.
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Last
$18.18
Change
-0.090(0.49%)
Mkt cap ! $55.97B
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$18.26 $18.41 $18.18 $200.9M 11.00M

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6 6678 $18.17
 

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Price($) Vol. No.
$18.19 70000 3
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