FMG 4.01% $19.73 fortescue ltd

One day does not make a market when it comes to the price of IO...

  1. 29,775 Posts.
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    One day does not make a market when it comes to the price of IO - so I will stick to my original tactic and allow the
    price to fall - if indeed that it what happens - may not of course - and will put my money where my mouth is by adding
    should it fall to what I believe might be worst case scenario. End of story.
    Others will have a different idea and FMG is renown for doing just what is not expected.
    Trading in it has surprised me all too often.

    Furthermore, I find it disturbing that, with the cost of capital so cheap FMG be allowed to fall too low.
    Think long and hard about that one.
 
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