FMG 1.21% $26.91 fortescue ltd

It appears the IO price has indeed peaked about now (around...

  1. 505 Posts.
    lightbulb Created with Sketch. 65
    It appears the IO price has indeed peaked about now (around $120) one week after December. It looks like the IO price bull market since November has been unsustainable after all.

    I think the threat of a "crack down" by the regulators may see a precipitous plunge in IO price after CNY.

    Hence I asked previously of people's opinions about the FMG share price based on various assumption of IO price at 62% fe CFR.

    DYOR


 
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