FMG 1.75% $17.49 fortescue ltd

Ann: Transition and Leadership Change, page-62

  1. 319 Posts.
    lightbulb Created with Sketch. 517
    It's depressing to see that, as soon as a top corporate position becomes available, the knee-jerk reaction of some is to immediately recommend that a discarded political hack be parachuted into the job.
    These ex-politicos have exactly the wrong skill set for running a modern listed corporation, imo. They tend to be adept at deception, obfuscation, deflection, denial and to have a penchant for self-promotion and self-preservation above all else. They are the very opposite of team players and have usually, if not always, failed spectacularly at their political career and been comprehensively rejected by party and/or the electorate
    Their usefulness on a board is arguable but I suppose they can be useful occasionally at cocktail parties or for greasing the occasional political or bureaucratic wheel, but not much else...
    FMG needs a top level, tech-savvy, internationally respected and capable CEO - nothing less will do and an ex politician would be an insult to the market...
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.49
Change
0.300(1.75%)
Mkt cap ! $53.85B
Open High Low Value Volume
$17.34 $17.56 $17.13 $141.9M 8.137M

Buyers (Bids)

No. Vol. Price($)
1 286 $17.45
 

Sellers (Offers)

Price($) Vol. No.
$17.49 26714 5
View Market Depth
Last trade - 16.10pm 17/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.