FMG 1.63% $21.76 fortescue ltd

Specifically, no. But no doubt in part triggered by the...

  1. 155 Posts.
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    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.
 
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