FMG 5.53% $20.14 fortescue ltd

Fmg could take charge of its own pricing to a significant extent...

  1. 11,435 Posts.
    lightbulb Created with Sketch. 508
    Fmg could take charge of its own pricing to a significant extent by diversification into 66%+ pellets as frank suggested awhile back.

    Say fmg invested in 100mt pellet production, in times like these they could cut back the 56%to58% DSO replacing it with upto 100mt of pellets should discounts change they can then change product mix for best outcome.

    Imo.
 
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