FMG 0.93% $16.05 fortescue ltd

io pure play days numbered, page-4

  1. 7,247 Posts.
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    One thing I have learnt about how FMG works is that they always tell it like it is. Journalists used to reading between the lines of company briefs are always looking for hidden agendas, and tend to give us their opinions of what the company meant.

    But not with FMG. I take what the company says at pure face value, and I have yet to be deceived.

    So they are looking at options for diversification. I believe them. And I also believe that when they have made a decision, they will tell us. I'm not expecting anything dramatic, but I do expect whatever happens to be rewarding.

    Andrew Forrest has made two statements on company policy that I take on board. One is that he would not dilute the shareholders' interests, and the other is that he will reward shareholders at the first opportunity.
 
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