FMG 0.00% $21.32 fortescue ltd

-Tower of strength - in a potential stock market bubble?

  1. 6,648 Posts.
    lightbulb Created with Sketch. 290
    IO UP AND UP
    Fmg Continually rorted to the tower of weakness
  2. 3,083 Posts.
    lightbulb Created with Sketch. 942
    If IO crashes, we're fine.

    Our costs are some of the best, if IO crashes from $160 to $40, we still make millions of profit, just not billions.

    Historically we were screwed with piles of debt, now we just ride out the wave until prices come back up

    Our only worry is China's growth stopping.
 
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