I wonder how News Corp in Australia reports on Fortescue Metals and Andrew Forrest? the iron ore price and what is charged is supported by the Democrats and Labor as much as Facebook and Alphabet [google).
perhaps BHP, RIO and FMG might need to be broken up or suffer anti-trust penalties? They can point to one steel producer, BSL, under anti-trust but FMG has no diversification so could get singled out for treatment under anti-trust.
Fortescue and Twiggy have moved to the small L Liberal style of corporate social responsibility but now News Corp is dramatically going to the left.
Elizabeth Gaines may have to go further to the left, call for Kalgoorlie to stop skimpies, stop the automated trucks, all the industrial relations merit issues, appointing a lot of identity employees?
News Corp might find its iron ore anti trust
If it gets worse, FMG might see its earnings, even its existence threatened by an all left wing News Corp, ABC, NEC, SWM treatment of the Fe Ore market in Australia?
AGO Price at posting:
4.5¢ Sentiment: Sell Disclosure: Not Held
BCI Price at posting:
25.0¢ Sentiment: Sell Disclosure: Not Held
FMG Price at posting:
$16.59 Sentiment: Hold Disclosure: Not Held
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