FMG 0.52% $21.32 fortescue ltd

takeover rumour, page-45

  1. 168 Posts.
    likatiger,
    Fully agree with your post.
    Ppl are waking up to the reality that they underestimated FMG.
    Like yourself,i cannot see FMG being taken over by anyone.
    The vast tenements that FMG holds in WA spells out a good future.
    There will be hurdle to jump,and no doubt BHP and RIO would not make things easy for FMG to expand fast.
    But so far FMG proved strong and finance is freely available for them as been proven so many times.
    Agree that smaller mines ???FDl may be a target in future.
    FMG =good management which has been recognised internationaly .
    I put my money on judgement of CHINA andINDIA ,RUSSIA ,America,,,,before i consider Australia.
    Australia did not help FMG .No respect in my books.
 
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