FMG 5.67% $17.61 fortescue ltd

Iron ore price, page-53645

  1. 3,858 Posts.
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    The next 20 days the shorters will try and pull it down further and maybe that last week leading up to August 28 we
    may see a surge as people pour back in including the regular shorters to get a boost when they announce the last financial
    year results the it often shoots up fast over a few days or so.

    It gets pulled back on the ex div date then it slowly rises as does the ore price around that time of the year.

    IO is down today and still slowly falling. Its really in yoyo mode for the last 2 weeks or so.

    https://hotcopper.com.au/data/attachments/6369/6369091-7a75eb8afc060594ef40729c8842bbb6.jpg

 
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