FMG 1.44% $21.21 fortescue ltd

Iron ore price, page-688

  1. 671 Posts.
    lightbulb Created with Sketch. 62
    Ramping at its finest. FMG needs a high iron ore price to reverse sentiment (and you know, to make a lot profit) to get close to this 13 dollar a share price you're spruiking.

    FMG is a good company, but it's a commodity company so its value is heavily dependent on the commodity it produces.
 
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