It was always going to happen one way or another. She had options.
Some contributors to this forum highlighted this very scenario and where subsequently shot down big time.
Read on (It must be true its in the West Australian) and see how close to receiving zip you where.
West Australian 9/10
Andrew Forrest’s Fortescue Metals Group had been the biggest barrier in her bid to secure full control of the junior miner when it originally held onto a 19.9 per cent stake that it later sold down to 11 per cent.
Fortescue agreed to fold its remaining stake into the Hancock bid last month when it became clear that Hancock could buy the ailing junior miner’s debt, and effectively put it into liquidation, leaving FMG and other remaining shareholders with nothing.
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