FMG 0.45% $22.10 fortescue ltd

It is never my intention to argue about price direction, because...

  1. 7,247 Posts.
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    It is never my intention to argue about price direction, because I simply don't know.

    FMG is a closely watched stock with a lot of foreign institutional interest, and increasing Australian insto interest too. I would think that all the info about iron prices is well and truly accounted for already.

    If FMG does continue to rise against that oversupply worry-wall news, it will be a very powerful signal.

    Few people have spent more time connecting with China than Andrew Forrest.



 
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