FMG 1.10% $19.76 fortescue ltd

Ann: Media Clarification, page-31

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  1. 4,660 Posts.
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    trillion dollar question is where is the business case ? where is the shareholder approval to take away 10% of NPAT year on year? where is revenue and cost guideline and return on investment? nothing is provided except you now talking about $50b in expenditure which was withdrawn with a statement "is appropriate in the environment it was made " and someone would ask is it like one go to Vegas get drunk and get marry and then tell everyone "it was appropriate in the environment" ??... lol

 
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