This is clearly a situation where the local insto wants a look into FMG register but are too proud to admit that they have got it completely wrong so far.
Instead they went out trying to get the most dynamic and crucial person amongst FMG management team to take a back seat. This would then allow the local insto to get onboard without losing face.
I don't know how it would all play out but when US economy recovers and risk appetite increases again, the local instos may once again misses out on the action.
Any thoughts as to who bought the stake from Leucadia?
fortescue expansion plans to cost $6.2b, page-5
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Last
$20.35 |
Change
0.210(1.04%) |
Mkt cap ! $62.65B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.26 | $183.4M | 8.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2123 | $20.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.36 | 4581 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |