FMG 0.35% $25.66 fortescue ltd

Personally I think for the medium term it is possible to get 22...

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    Personally I think for the medium term it is possible to get 22 dollars or say 23 dollars share price. If you are talking about waiting some years then I could see 15 to 18 dollars being possible. I feel under 14 dollar share price would need IO prices down under 50 USD per tonne. I do not see that happening soon. On the other hand i see a 30 dollar share price becoming just as likely as say a 22 dollar share price.

    I am still a few dollars away from where I would consider selling a portion of my holdings.
 
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