If he in deed does buy shares in FMG it will be an absolute kick in the guts to all whom own shares in Poseidon. The company is only in this diabolical state because he chose to do a rights issue instead of buying shares on market. The company requires 180 million odd to move this project into the construction then onto production and what does Andrew Forrest do put in a piddly few million and actually makes money out of the deal through his private company. Bloody disgusting.
If he is not willing to back this company in the same way that he has been backing FMG then why is here even involved? My thought is that he may have that many hangers on in his life that he is just providing them with a cushy salary(I have seen this with other companys).
If he in deed does buy shares in FMG it will be an absolute kick...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $44.42K | 10.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 35438671 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11634354 | 27 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| POS (ASX) Chart |