FMG 0.45% $22.10 fortescue ltd

falling share price, page-11

  1. 3,781 Posts.
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    Why would BHP buy a loss-making company with heaps of debt? For the same outlay BHP could triple the operations at Olympic dam. This would be a far more lucrative investment. Or BHP could wait for FMG to go bankrupt and pick up the pieces in the liquidation.
 
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