Seeking Alpha

Can we make an argument with Andrew Forrest - founder of wildly successful iron-ore miner...

Can we make an argument with Andrew Forrest - founder of wildly successful iron-ore miner Fortescue? With iron-ore producer shares at their lowest level in years, he bought $137M of stock in his company in June. Evy Hambro, PM with BlackRock, and sitting on stakes in RIO and BHP says Forrest's move is "a very clear signal" of better times ahead.
Comments (1)
  • I'm all in favor of better times, so I'm long RIO.
    11 Jul 2012, 11:08 AM Reply Like
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