FMG 2.93% $18.82 fortescue ltd

The second order effects are under appreciated. Investors aren’t...

  1. 801 Posts.
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    The second order effects are under appreciated. Investors aren’t going to be queuing up to throw capital at new iron ore mines. So agreed - the big 3 here will be even more entrenched. They should be encouraging supply, if they want to bring down the long term price.
 
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