Posted this on Fortescue a while back on another thread
The book goes on to say he paid $8m for his 47% stake in the company and 2 years later by Feb 2005 it was worth over $400m. He then sold around 3% of his shares for 13.5m which left him in cash profit of $5.5m
I think we would struggle to find a deal done that well over such a short period.
Good luck to all, let’s hope fortune shines its light our way on this one
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $20.76M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $2.531K | 14.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 67424 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 54903 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 58424 | 0.175 |
9 | 222351 | 0.170 |
3 | 17560 | 0.165 |
2 | 90000 | 0.160 |
1 | 10000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 54903 | 1 |
0.185 | 54321 | 2 |
0.190 | 44358 | 1 |
0.195 | 8310 | 3 |
0.200 | 132206 | 3 |
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