The share price was pumped from 51c at the beginning of August prior to results, so whilst today's share price fall looks dramatic, it is just corporate shenanigans and Rinehart jawboning. She won't be the white knight to Fairfax people think she is if she buys it for a song. Is her play to sell a slice of FXJ shares the behaviour of someone who likes the company and wants to be a Board member, or the behaviour of someone who wants to smash the company?
FXJ Price at posting:
45.5¢ Sentiment: None Disclosure: Not Held