FMG 1.59% $21.33 fortescue ltd

The maths is not hard to do. When IO price falls to $US 47.6, it...

  1. 141 Posts.
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    The maths is not hard to do. When IO price falls to $US 47.6, it is clear that it will have fallen 4/5 or 80% from the peak in late May. A property crash wouldn't be far behind given the household indebtedness.
 
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