FMG 0.18% $21.90 fortescue ltd

The market is telling you something.... Things are obviously...

  1. 7,247 Posts.
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    The market is telling you something.... Things are obviously tight which is evident through the 650m reduction in capex

    Er, yes. About 90% of the negative posts here have assumed that as Fe dropped more and more, the FMG board would simply sit on their hands. Despite what they did in 2012 when things were even tighter.

    So when they actually do take some conservative remedial action, its a sign or 'things being tight'.
    They're damned if they do and damed if they don't, just like its always been. From a few cents to $13.

    There is just so much hate, derision, and sarcasm here for some reason that escapes me. Why all the fury?
 
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