FMG 1.86% $19.54 fortescue ltd

Reality Check, page-20

  1. 1,362 Posts.
    I should mention Jan futures just jumped up 4 yuan after open.

    Anyone who follows IO futures market would know that it is a very fluid market, so unless we get some extreme
    movement you can probably expect not much movement in the spot tonight.


    What is interesting is the other Iron Ore miners have had
    two bad nights on Wall Street, but RIO and FMG in Australia
    have not had a pull back yet.
 
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