FMG 1.86% $19.54 fortescue ltd

Dalian still getting rammed up the rear with some hard rebar...

  1. 3,435 Posts.
    lightbulb Created with Sketch. 1047
    Dalian still getting rammed up the rear with some hard rebar confused.png

    https://hotcopper.com.au/data/attachments/6384/6384723-e64ae34865c6b4052549c106fbac3996.jpg

    93.30
    (-2.35/-2.46%)


    Cost curve for a lot of suppliers is around $90, i expect any journey down to $80 will be short lived before suppliers start going into care and maintenance, might be a wild journey for a couple of months.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.