FMG 3.19% $22.62 fortescue ltd

i'd happily throw rocks at twiggy but that REALLY would be...

  1. 10,824 Posts.
    i'd happily throw rocks at twiggy but that REALLY would be illegal. since he's the son of god i'd expect them to bounce off him - everything else seems to. hopefully hotcopper isn't going to rattle on about this for the next 4 1/2 weeks until judgement is passed down. he's been a bit naughty, chances are he'll get a small fine (which FMG's directors liability insurance will pay) and stay a non-exec director. he'll use it as a reason to pass CEO / MD onto someone else like Rowley. ASICs a winner, Twiggy's a winner, FMG a winner. sweet all round.

    if there was one good thing about fmg in 2004 / 2005 it was the outlandish ASX and press releases it came out with every other day - now they don't put out anything interesting. it'll be good when they start forecasting 120 mtpa again at a clear net profit of A$100 per tonne.

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.