FMG 1.96% $17.97 fortescue ltd

The problem is, the last few weeks the company has been all over...

  1. 853 Posts.
    The problem is, the last few weeks the company has been all over the show. One week they are announcing a $120 floor and a $1.5 billion expansion, the next they are sacking the secretary, selling off assets, sacking workers etc.

    One week they are looking for $250 million for a fifth port, then the next minute they are looking for a partner overseas. For a new investor like me, it stunk.
 
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