FMG 2.99% $20.35 fortescue ltd

I don't know Nolan, I feel with about 1 hour to go like lighting...

  1. 467 Posts.
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    I don't know Nolan, I feel with about 1 hour to go like lighting the cigar and hearing the fat lady sing.

    Now FMG price is 17.81

    Assuming an end of day price around here. I still expect the price from tomorrow to drop down below 16 dollars.

    The steel reset regulations in China on the 25th of September will not affect demand that much.

    I feel you are whipping up a non event.

    But I do feel confident to load up under 15 dollars if it gets there in the next few months..

    Still feeling good I jumped the FEX ship in June this year and into more FMG.
 
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