FMG 3.06% $18.84 fortescue ltd

fortescue share issue in liue of cash paymnt, page-4

  1. 58 Posts.
    "Paying bills by issuing shares is not unheard of....."

    can anyone name another company of similar market cap which has issued shares to pay its bills?

    this is a huge red flag IMO, although knowing the history of FMG i wouldn't be surprised to see rumours of a takeover being spread to halt the slide in its share price
 
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