FMG 2.02% $25.70 fortescue ltd

Sky Channel business news, IO price down 15.00% in the month of...

  1. 3,510 Posts.
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    Sky Channel business news, IO price down 15.00% in the month of March

    Unbelievable decline in a matter of few months, $50.00mth matter of days away, if not tomorrow.

    Margins being squeezed for all played, big 3 have just about achieved their goal, but at some cost to their earnings and cash flow

    FMG must now seek strategic partner ASAP, if IO continues decline below $50,00, market will hammer sp bad
 
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