FMG 0.90% $20.14 fortescue ltd

Ichim Are you joking. There is a good reason why fmg are trading...

  1. 5,273 Posts.
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    Ichim
    Are you joking. There is a good reason why fmg are trading on a trailing P/e.( trailing P/E ratio of just 3.2)

    The market anticipating failure is probably the major reason.
    Why would you trade something in a falling market, shorting but not buying.

    FMG has had $900 million shaved off its market cap within a week.
    Last edited by david25: 10/12/14
 
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