FMG 0.45% $22.10 fortescue ltd

my call for 2008, page-6

  1. 9,241 Posts.
    This is current trading on a deferred basis (after the spilt)...meaning unlike T+3 settlement, people can buy stock and will not have to pay for it until 10/01/07.

    More likely then not the sp will slide once this happens as people will sell rather to pay for settlement.

    regards,
 
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