FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-53045

  1. 140 Posts.
    lightbulb Created with Sketch. 45
    The SP has already factored the drop, the large Intos knew well before us, SP went from $27 to $21 and that's why they fled like a bull at a gate. They must have gotten onto it with inside information from the proposed US Hydrogen plant. Retail got left holding the bag once again, I was fortunate to dilute my holdings at $21 after I had bought back in at $25, I'm not happy about it but that's the way the cookie crumbles. It's very poor management from the FMG team to leave retail hanging like this.
 
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