Ian Burston was appointed as a Fortescue Metals Group director on the 13/10/08. However as the West Australian Newspaper 18/10/08 reported, “Burston told HOTT he was still sifting through the paperwork accompanying his appointment but had all intention to buy some stock”.
Does anyone know how much cfe IB is still holding?
Good sign our directors have been buying. They would only be allowed to do that if there are no deals on the table. It will be interesting to see what Everaz does or doesn’t do after the 15/11/08. Also I would imagine the current SH will be buying more in November once they receive their divvy cheque. Happier times ahead.
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