FMG 10.2% $18.28 fortescue ltd

Iron ore price, page-53351

  1. 1,445 Posts.
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    I hope it is him selling - actually I hope he just gets out of it entirely to be honest. And goes take a walk into a billionaire retirement.
    Yes I know it's his baby but at the end of the day it's a public listed company so it's not his play thing to just do what he likes wasting shareholder funds on some grandiose pie in the sky energy scheme, becoming all political on technology that has not been proven actually works
    I get now why all the recent resignations from the company. Is this the reason?
    If it is him selling I will take that as a massive positive that he wants out and the company can get back to it's core business of making money for us all from it's core business: iron ore.
    It baffles me why the market hasn't considered less AF involved in this stock (also indicated by the announcement last week of the green restructure) is actually a positive
    It would also better clear the way for any possible TO
    So I started buying again today (hence my change from buy from hold)
    Just MO/NA
    Last edited by asxunsullied: Yesterday, 20:32
 
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