FMG 0.44% $22.52 fortescue ltd

observation prob of no importance, page-3

  1. 1,182 Posts.
    1. We operate under semi strong market efficiency. News like this is always factored in the SP to almost 100%
    2. The news was not market sensitive anyway.
    3. World recession issues still exist
    4. Commodities are still weak as compared to days where FMG was 14$ (way over bought in my opinion)
    5. Still a long way to go - legal battles etc
 
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