FMG 3.48% $19.96 fortescue ltd

Iron ore price, page-20686

  1. 3,924 Posts.
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    They will keep the restrictions in place for a bit yet, and there will still be economic hurt, but unless the trend bends again- the graph tells the story. We acted quickly, and the majority of people responded well. Not like Brazil and the US, who were in denial early in the piece, or Indonesia, who are still in total denial. Reporting only 2% of case, and approving Idil Fitri (like Chinese New Year). The leaders of those countries have responded too late and visited massive pain on their population. Australia saw the threat, responded quickly, called it a pandemic early, closed the borders, asked people to stay home and social distance, and tested massively (300,000 tests so far). Watch the graph. We are almost there.

    News will come on the rents and leases Tuesday, and the massive Job Keeper bill will pass Wednesday- it's all about the rebound now.
    Last edited by jhunt: 06/04/20
 
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