FMG 1.86% $19.54 fortescue ltd

14% of that is already factored in the closing index number from...

  1. 17 Posts.
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    14% of that is already factored in the closing index number from Friday's close.
    US futures are opening 1 hour before ASX opens for trading and that will likely determine direction of market Monday morning.
    With more countries going into lockdown, and Apple announcing shutdown stores for 2 weeks, downside risk probably more prevalent.
    Companies with strong cash flows , little debt will weather this storm and recover stronger. FMG is primed for this.
 
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