FMG 1.56% $18.97 fortescue ltd

With relationships as shown in the charts below, the role of...

  1. 38,095 Posts.
    lightbulb Created with Sketch. 436
    With relationships as shown in the charts below, the role of mythical shorters seems overblown on these and other some FMG threads … imo it is more likely that FMG, BHP and RIO are simply tied to and move in sync with the iron ore price and the US dollar.

    https://hotcopper.com.au/data/attachments/6438/6438984-ab161bde35cb4117594dfc1124779846.jpg


    https://hotcopper.com.au/data/attachments/6438/6438982-4720fcf916e97031f7d99e7305ad243f.jpg


    Dex
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.