FMG 2.41% $21.87 fortescue ltd

asic takes twiggy, fortescue to court

  1. 358 Posts.
    Anyone else a holder during this time? Due to ignorance i sold out at a loss based on this bad news(before it went from $2 -> $130 (after the 10 for 1 swap). So, i feel i was affected based on this.

    I remember Herb Elliot selling 500 000 a day before this news broke at $5.05 (then top of $5.50), which smelt a bit funny. FMG was hammered when this was released.
 
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