Iron ore producer FMG has now rallied over 50% from its panic low in November, MM has already taken most of the meat out of this sandwich to-date although we reiterate after talking profit we are not bearish FMG but simply adopting a more neutral view – a very attractive fully franked dividend is looming this time next month.
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Market Matters Weekly Video Update: James introduces a new Research Lead to the Market Matters Team
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Markets @ Midday – Friday 20th May – IGO Limited (IGO) & Woodside (WPL)
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Ausbiz: James Gerrish this morning talking his take on markets, with a focus on Bluescope (BSL), Qantas (QAN) & IGO
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Markets @ Midday – Wednesday 18th May – Eagers (APE), Boral (BLD) & Bluescope (BSL)
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MM is neutral to bullish FMG around $21
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Ausbiz: James Gerrish this morning talking his take on markets, with a focus on Bluescope (BSL), Qantas (QAN) & IGO
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