FMG 0.06% $16.12 fortescue ltd

pa i am 50/50 on it, I also at that time did not agree with them...

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    pa i am 50/50 on it, I also at that time did not agree with them paying the divi and in my eyes it was the first error they made.

    I only mentioned that as i remember when the SP tanked a couple shorters mentioned there were no more shares on offer to short, twiggy knows his always under the attack of shorts, so with that in mind if twiggs had not purchased over the years what would they have pushed it down to when it was in the $1.70s few weeks back.......$1.00 or under ????

    in hindsight no one called the fall so rapid so yes they did get caught out this time round

    hopefully with his 3c divi $100 mil he buys up again

    I would have liked to see the $404 mil used to slash down the debt, They are a smart bunch in that office and they know exactly what their doing
 
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