FMG 3.61% $20.10 fortescue ltd

^well I tend to resepctfully disagree on that.. I just want to...

  1. 1,522 Posts.
    lightbulb Created with Sketch. 166
    ^well I tend to resepctfully disagree on that.. I just want to say one final word before I sit this one out a while
    If all is "true" (what I have been reading here) - 6 executives recently resigning?, large fund managers "not happy"?, a billion dollar off market trade, and most importantly, clearly politics being played on a personal conviction -> I mean I have seen all this before with this guy (You all should know who I am referring to) so let's not be naive here.. it is a risk to the SP> and it can no longer be ignored... (I am not saying it's a huge one), but it is now a definite risk.
    It is possible things could be entirely screwed up by all this, and if it was to continue on a grand scale, the entire money making powerhouse that is/was FMG could come crumbling down...
    In other words, he could be tapping one of those giant ore truck tyres with a tiney spanner, before a massive spanner is thrown into the works (so to speak)....
    Like I said I'm not saying it's going to happen, even likely, but what's being going on last few months, partic weeks certainly ups the ante and opens my eyes.
    Just MO/NA
    Cheerio all
    Last edited by asxunsullied: 18/06/24
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.