FMG 2.89% $16.82 fortescue ltd

Iron ore price, page-31729

  1. 4,626 Posts.
    lightbulb Created with Sketch. 507
    All these news headlines about HUGE drop in IOP however if I am not wrong.

    At the beginning of the year it was around $150, now it's $210, so it's 30% more than the beginning of the year.

    Drop? What drop??????

    By the way out of the big 3, AF has the best relationship with China.

    Not sure if most remember but during the height of the covid crisis it was AF who single handedly able to get millions of personal protection equipment from China. No one else did. I think FMG is much safer bet compared to the other 2 going into the future.

    I don't have the stomach like the Mudcrab on 95% on FMG (I am 71% at the moment) but I am looking to add more if it drops abit more next week
    Last edited by SMXtimes50folds: 15/05/21
 
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