FMG 3.23% $18.87 fortescue ltd

large buyer takes big slice at dlrs11 a share, page-5

  1. 34 Posts.
    I thought it might be a fund purchasing as well, but how can a fund expect to make their 20% annual return when the have paid such a substantial premium to yesterdays close. Any thoughts anyone? I guess at the end of it all...someone out there with more deeper knowledge of the company than myself believes it is worth at least $11.22
 
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