FMG 0.45% $22.10 fortescue ltd

I'm pretty sure that the drop in oil price has no affect in...

  1. 213 Posts.
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    I'm pretty sure that the drop in oil price has no affect in the bottom line. FMG, being a high end consumer of oil (the same as airlines) would hedge the price of fuel to a predetermined cost to avoid these fluctuations.
    They certainly don't watch an app like a motorist and rock up with a 4c shopper docket.
    Last edited by TheChaser: 19/03/20
 
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