Fortescue metals group

Is fortesque Metals ( fmg) on the mend ?

Posted on October 18th, 2009 in FMG, Fortescue metals group, mining industries, S&P/ASX 200, small, Small Minnows

Todays stocks price for FMG Fortesque Metals FMG – 4.030 -0.140 ( Look Up) The good News on FMG – > Last week, the company said it was in talks to sell to Japanese and Korean mills for the first time as it tries to take market share –> In August, Fortescue reported an annual [...]

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China is doing Australia no favors with iron ore contracts

Posted on August 20th, 2009 in Australian stocks, australian stocks online, Bullish, China massive stimulus plan, china stock market, commodities, economic slowdown, FMG, Fortescue metals group, HSBC, india, iron ore, market, perth

China’s stocks rose 4.52 percent on Thursday’s close. The benchmark Shanghai Composite Index rose 4.52 percent, or 126.00 points, to finish at 2,911.58. The Shenzhen Component Index rose 3.91 percent, or 438.43 points, to end at 11,648.35.Combined turnover expanded only slightly to 191.33 billion yuan ($28.01 billion) from 191.07 billion yuan on the previous trading [...]

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How far will FMG Fortescue metals group rise ?

Posted on August 16th, 2009 in australian local shares, Bullish, FMG, Fortescue metals group, penny shares, perth, stock market, stocks trading

My punt on Fortescue metals group I took a punt on FMG ( Fortescue metals group) this Thursday on 13/08/2009 at $4.42 @ 1000 Units That  totals too $4439.95 ($4.42 x 1000 Units = $4420 + $19.95 = $4439.95 ) ( the 19.95 being my broker fees at www.comsec.com.au . Luckily for me  Fmg got [...]

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