In the circumstances – including where all but one shareholder agreed with the company’s funding strategy – the board was left with no other option but to enter into voluntary administration.”
Fortescue Metals founder Dr Forrest, meanwhile, has also not ruled out making a bid to buy Sun Cable from the administrators, and it is believed he also still sees merit in the project.
News: FMG UPDATE 1-Fortescue Metals CFO Ian Wells to step down in latest shakeup, page-57
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |