FMG 1.04% $20.35 fortescue ltd

isn't it a co-incidence that when the market is rising again we...

  1. 1,088 Posts.
    isn't it a co-incidence that when the market is rising again we get the perfect story coming out to get this moving back into the $9-$10 range.
    FMG has been depressed for too long and other iron ore stocks have run up a good 10% from thier lows in recent weeks.
    FMG should have a fair value of $8.90 by the end of the week and higher still if commodities wern't getting such a beating. but we can blame currencies and aus rate cuts for that!
 
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