FMG 1.56% $18.97 fortescue ltd

It's never just one buyer for $2.0 billion worth of stock. The...

  1. 110 Posts.
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    It's never just one buyer for $2.0 billion worth of stock. The selling broker would have set an auction price and canvassed local and offshore institutions
    to bid into the block trade. Unfortunately for current holders the price to move $2b worth of stock came in at $18.55. That is a bargain i think.
 
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