FMG 1.24% $26.94 fortescue ltd

Haha yepit seems the higher it goes, the more risk gets priced...

  1. 1,671 Posts.
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    Haha yep

    it seems the higher it goes, the more risk gets priced in of relations with the major consumer imploding.

    I personally can't see auatralia being shut out of the iron ore market, the iron ore price would more than double you would think to $400 per tonne in this event

    I'm more than happy to go long on fmg

    talk about resistance being broken at $18, will eventually get to a dividends of 40%?? Common people
 
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