FMG 0.87% $21.71 fortescue ltd

oversold imho

  1. gmt
    7,970 Posts.
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    Over reaction to the extra spend, I think it was prudent to announce extra spend early to market. Costs related to late completion of rail line and the flow on for not delivering Iron ore would far out weigh the extra expenditure to bring project in on time. My opinion only read the red stuff below.
 
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