FMG 1.84% $18.10 fortescue ltd

Iron ore price, page-52229

  1. 10,297 Posts.
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    The news over the last few weeks has been some extreme movements in various metals... Copper, Aluminum, Nickle etc and from what I am reading it is investment funds buying in on a thesis not necessarily been driving by supply/demand. Things are starting to become quite unhinged out there (high volatility).... not really relevant to FMG but there is a pressure cooker on the stove in this space all the same:

    https://hotcopper.com.au/data/attachments/6188/6188940-6caf76a6b9984e4f4c4b276211d2f7b1.jpg
 
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