FMG 2.21% $19.41 fortescue ltd

Iron ore price, page-35829

  1. 586 Posts.
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    Hi Lex I am a massive fan of Twiggy, but two things to note:
    1) If he wanted to sell down his shares he would trigger a huge price drop
    2) Even if FMG went to $0.00, Twiggy still has billions and it would be nothing more than an ego hit. The same cannot be said for many "mum and dad" investors.

    So just be careful that you don't assume by Twiggy not selling that it's a show of confidence. It may be, but it could be the above as well.
 
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