FMG 3.09% $17.34 fortescue ltd

'The way this 'sensitive' information reached the market via the...

  1. 897 Posts.
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    'The way this 'sensitive' information reached the market via the media and not the company is troublesome and raises some serious questions.

    I've raised this in my previous posts and was hoping to get more opinion on what'

    i don't have an issue with the way the company was handling it, they we're having confidential discussions most likely on a range of options for 'what if' scenarios. If they tell the market there happening without any results available then people go crazy dumping the stock as we saw yesterday.

    Articles like 'AF lost 1.1 billion in an hour' and his 'iron ore empire crumbling' are just sensationalist rubbish. There was no option but to go into a TH until the negotiations end and they tell us the results.

 
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