FMG 1.11% $17.75 fortescue ltd

$2.00 is not good enough, debt can no longer be used as a lever...

  1. 430 Posts.
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    $2.00 is not good enough, debt can no longer be used as a lever to hold the s/p from appreciating. The debt story is overly used by media & now redundant from any influence. Fe is trading at a more solid range presently & the $A has more depreciation left. Will we see some covering today? I personally rate FMG as an öut perform" medium term.
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