However, after such a major decline, investors may wonder whether to cut their losses or see this as a buying opportunity.
It's clear that the iron ore price crunch contributed significantly to the decline in the Fortescue share price. The commodity price has fallen from above US$140 per tonne to almost US$100 per tonne today.
Cyclical declines could lead to opportunities for brave investors, but this may also represent a good enough price to exit. Let's look at what two experts with opposing views think.
Hindalco signs MoU to invest ₹15000 crore in aluminium capacity expansion in Madhya Pradesh
EU expands sanctions on Russian aluminium: industry calls for closing loopholes
Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
