FMG 1.39% $17.69 fortescue ltd

FMG will definitely hit at least $14 soon imoNot just because of...

  1. 302 Posts.
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    FMG will definitely hit at least $14 soon imo
    Not just because of its great fundamentals, but also because there will be a bigger shortage from Vale and strong demand as the Coronavirus hits Brasil badly .,

    Not surprised that AF is sucking up to China , his main IO client, but really no need to overdo it - I really do hope those Chinese imported testing kits are not faulty like the others so far, otherwise it would be a waste of millions of his money as already happened to others.

    I certainly wouldn’t praise China’s dubious and culpable role in spreading the virus and causing a huge world recession .

    No wonder the Chinese communist party is so worried about an investigation and so they should be ! They will cop a huge bill from the world for their role in causing this mess and for their lies -I hope. Maybe even their assets seized especially those proxy companies and individuals who are shopping for more assets at cheaper prices in this recession.. Coincidental of course lol. Time will tell.

    Australia has nothing to fear in rightly standing up to China’s attempts to control or dominate us (a ‘gum in China’s shoe’ ) . To hell with the CCP !

    China needs our IO more than we need them and some things are more important than Chinese communist money anyway like freedom and democracy.
    Last edited by L2019: 29/04/20
 
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