FMG 1.84% $18.10 fortescue ltd

As per the announcement, the main reason to sell 2/3 of her...

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    As per the announcement, the main reason to sell 2/3 of her holding was “exercise of vested rights primarily to fund personal income tax and other
    liabilities.” Based on that, there was no urgency for unloading a relatively large parcel of shares, which can be sold in smaller parcels even earlier or later. As the shares were sold almost at the current bottom, there are basically 2 reasons:
    -panic or
    -something fundamentally not good coming in the nearest future

    Last edited by irynka: 24/09/21
 
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