FMG 0.30% $21.93 fortescue ltd

Iron ore price, page-52561

  1. 3,772 Posts.
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    And the seller of 50 million shares knows this too- smell a rat somewhere? Shares sold or only loaned somehow and under contract? Or sold to an associate? Sell down, buy back when lower, then return the shares at an agreed price, pocket the difference. It's been done before. Shake the tree. Promote doubt about the company, the management and the product. See what weak hands will let go of. And this just before a divvy announcement, so the "lender" can't really lose. XT shares- always curious. Just my thoughts.
 
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