fmg to take over bc iron, page-2

In the wall street journal! desperate times


Should FMG consider equity option? by: Rhiannon Hoyle From: The Wall Street Journal September 05, 2012 6:06PM Increase Text SizeDecrease Text SizePrintEmail
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Iron ore miner Fortescue's surprise move to cut costs and rein in spending may have bought it some time. But not necessarily a lot, market analysts say.
In fact, Commonwealth Bank of Australia has even gone so far as to suggest it should contemplate the dreaded “e”-word: equity.