FMG 0.87% $21.71 fortescue ltd

It takes a balanced view to make money and if you think the...

  1. 425 Posts.
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    It takes a balanced view to make money and if you think the shorters aren't there your kidding yourself. Up to 36 % on some days last week were shorters. I agree we are having great run and i am sure in my own personal opinion with the Vale disaster that it can go a lot higher. Also there is the lease renewals in India in 2020 to consider that they might slow down the iron ore from India.The fact also of the debt reduction the company looks in a very good condition. I'm also sure that the management is not sitting idle waiting for a change .As we have seen in the past that some of the things that have done must of taken a very long time to get organised and put into the pipeline well before we even got a sniff of what was happening . It is also great that Twiggy Forrest doesn't,t need the money so that he has to sell out the company from beneath us and has been rewarding the people that hold stocks and have faith in the company.
 
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Last
$21.71
Change
-0.190(0.87%)
Mkt cap ! $66.84B
Open High Low Value Volume
$21.77 $21.80 $21.34 $408.6M 18.51M

Buyers (Bids)

No. Vol. Price($)
2 289875 $21.68
 

Sellers (Offers)

Price($) Vol. No.
$21.72 95078 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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