FMG 0.06% $16.12 fortescue ltd

Note its not all about rationalising the IO price, AUD/USD...

  1. 10,324 Posts.
    lightbulb Created with Sketch. 1462
    Note its not all about rationalising the IO price, AUD/USD etc.... look at the capital expenditure mountain FMG has ahead, they have to set aside capital (or raise debt) for these projects, it really begins in FY25:

    https://hotcopper.com.au/data/attachments/6238/6238019-d8df587c28ada1549a461853ef37bd29.jpg

 
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