FMG 2.89% $20.68 fortescue ltd

low ball fmg valuation, page-3

  1. 373 Posts.
    i agree $40-50/t should be ok.....

    i went back in again today as well, grabbed 5000

    ill hold over the weekend on a punt the house of reps will pass that bloody bill....50-50 bet beats backing the ponies!

    if they do ill bail out of fmg again first opportunity next week and sit on the sidelines for it to slide again...quick run to 5.60 plus would be nice mon, tue.

    good resistance just above the 4.50 mark...love to see it slide back under that though for a day or two.



 
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