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0.18% $21.63 fortescue ltd

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

  1. pilatus
    6,643 Posts.
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    10/02/21
    11:05
    Post #: 50853035
    IO UP AND UP
    Fmg Continually rorted to the tower of weakness
    FMG Price at posting: $23.81 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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  3. jb206
    3,017 Posts.
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    10/02/21
    12:02
    Post #: 50855973
    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.
    FMG Price at posting: $23.78 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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