FMG 2.82% $20.02 fortescue ltd

FMG is looking less attractive to me. If investing in iron ore,...

  1. 544 Posts.
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    FMG is looking less attractive to me. If investing in iron ore, BHP is my prefer option. I own BHP, I think FMG has further downside as the way i noted the dump trades. People bought big BHP shares yesterday, i noted. I wont look at FMG until $13. Before my target was $16 but now my i think it may go further $13. Insto is no longer a believer in FMG neither do i.
 
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