FMG 1.26% $18.75 fortescue ltd

The Facts !, page-155

  1. 31,869 Posts.
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    Daytr....want an opinion from the other side. Don't you see more downside with BHP than FMG ?

    I've brushed the comb over both of them and there's levers left right a center FMG can pull, I just don't see anything BHP can do to have their SP recover, either the Fe price or Crude oil has to improving, now with talk of $40 barrel.

    FMG has a ultimate price to the downside of $1.69
    BHP has $19.80 hanging on its neck

    So from today's close both roughly have a possible 35% to the downside.

    What can BHP do to shock/surprise the market to the upside that would benefit SH, I just can't see a single thing at all. Especially with retards on the board. ( Bet once BHP hits $19.80 there'll be a board reshuffle and Andrew M. will be gone and forgotten about)

    I can think of 3-4 hard positive events FMG could throw out of the blue

    And then there's major holder with skin in the game, I know some same doesn't make a difference but better some skin than none, Look at TPG (TPM)

    So to sum up FMG has many levers to pull, BHP have none, isn't that a safer short ??
 
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