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Fortescue (FMG) v Alumina (AWC)

The last few weeks has seen a significant move in both FMG and AWC with the former rallying over 30% while AWC has corrected over 23% – if we see this relative performance extend further MM will consider taking a short-term profit on FMG and allocating part of the holding into AWC, increasing our holding in the process.

AWC
MM is considering switching from FMG and increasing our AWC position
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Fortescue (FMG) v Alumina (AWC)
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