FMG 0.06% $16.12 fortescue ltd

Interesting that Fortescue seems to be priced purely as an iron...

  1. 637 Posts.
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    Interesting that Fortescue seems to be priced purely as an iron company. A very efficient, well run, profitable iron ore company, but simply an iron ore company nonetheless.

    I get that the feeling that the market and the analysts are having the same issues that I am. The sheer breadth of the vision, the cutting-edge nature of the advancements and the pace of change, is something they are really struggling to get their heads around.

    Much of what Fortescue is doing is being consigned to the too hard basket and being ascribed no value or in some cases, valued negatively as a draw on resources and management's focus.

    Will be interesting to watch this evolve. Not sure how many runs on the board it will take before a wider level of understanding and acceptance occurs.



 
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