FMG 3.61% $20.10 fortescue ltd

@Gordy56 There is no way FMG can "decarb" by 2030. It's just not...

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    @Gordy56 There is no way FMG can "decarb" by 2030. It's just not possible (due to laws of physics)
    If you believe that stuff fine.
    Sure it doesn't mean they shouldn't try and cudos for trying - it keeps the sustainability funds involved
    But this is about someone *big* selling down for *other* reasons IMO
    Clearly the SP has been drifting lower on no price action to the upside for a couple weeks now
    So who is behind the current 1 Billion sell off? as with the prev couple weeks the totals involved will clearly more than that?
    So 1Billion *plus* ??
    That is a pretty big fish cashing out..
    So who is it?
    Do they know anything beyond what's been disclosed and known to the market ?
    And why are they selling?
    NA/IMO
    Last edited by asxunsullied: 18/06/24
 
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