"I'd love to know when the directors knew they were in trouble financially, and why it wasn't disclosed to the market. This sort of thing doesn't happen overnight."
Whoa, steady on there...
The company clearly says it is NOT in financial trouble.
The collpase in iron ore prices did happen almost overnight, and its not only FMG that has been affected. The moment the company became affected they took immediate acion, - to the point where they were initially criticised by the press for sacking staff and taking cost-cutting measures too soon.
Boy, who'd want to be a director with an audience like this?
talk of talks, page-5
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$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
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