FMG 0.86% $18.44 fortescue ltd

Ann: Transition and Leadership Change, page-52

  1. 17,542 Posts.
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    I am surprised that given Mr Forrest’s vision that there has not been an immediate successor named .
    I thought the ducks would have been lined up .
    The market won’t like the uncertainty and Ms Gaines removal although a well written release was a surprise.
    Interesting times for FMG but also risky - first mover status into green comes with benefits but also market doubts ( costs , tech challenges etc ) .
    A lot different from dig it out and ship it out .
    FMG has been a cash cow now I would imagine a lot of that spare cash may be funnelled into green . Divvies may change .

    will observe with interest
 
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