FMG 1.56% $18.27 fortescue ltd

While I do not take their views as that overly important. In my...

  1. 454 Posts.
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    While I do not take their views as that overly important. In my bank trading account the analyst general estimations of EPS has been continuely increasing dramaticaly the last 2 weeks.

    Now some are estimating a EPS of 411 cents per share with an average estimation of 355 cents EPS. Well i expect this will probably keep rising though not exepcting such a dramatic increase as i have seen the past 2 weeks.

    It is beautiful is all I can say. Good to hear they are building a testing plant for the green steel. If successful then we can put more money into producing large scale amounts of steel which will replace at a lower cost steel exported out of China.

    I guess this is why Forrest has been flying so much recently to see who is potential future customers for this product. He should know what price point he needs to hit to make this work.



 
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$18.27
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