FMG 3.61% $20.10 fortescue ltd

FMG’s Special Dividend: a Political Move?, page-3

  1. 157 Posts.
    lightbulb Created with Sketch. 17
    Specifically, no. But no doubt in part triggered by the potential for lost value to shareholders if Labor did win government and new legislation did pass. FMG needs always to be aware of its owners financial implications of its decisions, whether motivated by possible political issues, or other issues such as merger / acquisition, exploration, capex, environment, international etc.. FMG in this instance just being a good organisation in responding to issues outside its control, to maintain and maximise value for shareholders.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.