FMG 0.26% $19.55 fortescue ltd

Iron ore price, page-52387

  1. 10,372 Posts.
    lightbulb Created with Sketch. 1504
    Useful bounce in IO, but it hasn't really filtered through to stock price gains.... BHP spent the entire night recovering from heavy early losses (again). Vale was up ~2% overnight so FMG looks undercooked to me:

    https://hotcopper.com.au/data/attachments/6244/6244162-d22ffcdacf5ee683a1d7d1b0c3ded5ad.jpg
    Last edited by convexity: 14/06/24
 
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