FMG 0.90% $20.14 fortescue ltd

I dipped a toe then stuck a whole other foot in. Anything below...

  1. 57 Posts.
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    I dipped a toe then stuck a whole other foot in. Anything below $20 at this point is a steal. Happy to see the IO correction prove me right at least for today.

    We've had a week or two where some data has showed a slowed recovery and this is the time to BUY - nothing changed long term, we're still at the start of this commodity cycle not the end.

    Commodity cycles run over years not a few months, they are generated from underinvestment in mining and infrastructure over yeas that corrects and causes the swing. This is just the beginning - throw in FFI and you're laughing
 
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