FMG 0.90% $20.14 fortescue ltd

Shake outs like this must really give banks something to ponder...

  1. 18,445 Posts.
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    Shake outs like this must really give banks something to ponder when some start up wants to borrow a billion or two to develop an iron ore mine, rail or port.

    Short term pain, that probably only cements the long term dominance of the incumbents.
 
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