Australian government will not let FMG be taken over by a foreign investor. But watch out if a Australian syndicate is put together!!! That is another story altogether. But in this current climate i can not see this happening unless there is a lot of foreign investment through the back door.
Just sit back and let FMG and Twiggy do his thing and reap the future beniefts that are install.
I am just sorry I listened to my western aust broker three years ago. I asked many time about buying and he continued to say NO NO NO. Well guess what the same broker has it as a accumulative buy ( three years later ) I now no longer use them and only get their share info reports. ( to be honest I do not trust them to much at all now) they are sneaky.
fate of fortescue, page-16
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |