FMG 1.39% $19.22 fortescue ltd

Iron ore price, page-49732

  1. 5,279 Posts.
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    Trading at 1.3x NAV versus peers who are around 0.85-0.95x, per GS figures. Most materials are sub-1.0x.

    Do you have a view on where poor Chinese output/sentiment takes IO in the mid term? (new to this thread, haven’t trawled back through - apologies if it has already been covered).
 
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