FMG 1.20% $21.41 fortescue ltd

no sign of twiggy ?

  1. 1,936 Posts.
    lightbulb Created with Sketch. 20
    So, where is Twiggy?. Always spruiking about how wonderful FMG is, but seems to have gone to ground over this mess.
    Remember how their "earnings" were going to to be used to expand their production.
    Punters who are buying FMG at recent prices must be horrified.
    In the end the only way that FMG can survive is to accept a massive buyin from the Chinese that will dilute Twiggy,s hold on the Company, and remove his influence.
    Twiggy will fight tooth and nail to prevent this from happening, but I see no other alternative.
 
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