FMG 2.99% $20.35 fortescue ltd

Iron ore price, page-54351

  1. 3,945 Posts.
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    Are we heading for sub $16 tomorrow ?
    Looks like the panic button has been pressed.

    When the stock was nearly $30 many experts were predicting FMG would be $36 to $45 a share next year.
    Now its all changed. The same ones are saying $18 for 2025.

    I still think it will pick up starting around October.

    https://hotcopper.com.au/data/attachments/6430/6430379-f4ac270a803a839fc55f1f90026770e1.jpg
 
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