FMG 0.83% $18.29 fortescue ltd

total debts > market cap, page-4

  1. 56,679 Posts.
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    The iron ore price is very low IMO - it may stabilise at near $100 - $110 within the next 6 months, but once the the blue chip shorters hit, the entire company is de-stabilised. I'll wait - I'm waiting all round. Desperate times for iron ore holders. Myabe an over-reaction, but getting in the way of the large shorters, from my own experience, can be playing with fire so I agree with many here.
 
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$18.29
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