FMG 1.20% $21.41 fortescue ltd

from smh.com.au:10.44am: Back to Fortescue... Fat Prophets...

  1. 1,082 Posts.
    from smh.com.au:

    10.44am: Back to Fortescue... Fat Prophets resources analyst David Lennox says difficulties with creditors may be why company secretary Roderick Campbell resigned earlier this month.

    “We think that this information, if they had been talking to the banks for weeks, should have been made known to shareholders and the market at that point, not now,” he says. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<

    Read more: http://www.smh.com.au/business/markets-live/markets-live-shares-dollar-surge-after-qe3-20120914-25w18.html#ixzz26Ov769Nj

    ~~~

    Lack of transparency ===> where theres smoke there is wildfire!
 
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