ASIC in legal showdown with FMG, Forrest

The corporate watchdog says it will ask the Federal Court to consider disqualifying Andrew Forrest from acting as a director as legal proceedings involving Fortescue Metals Group is set to start on Monday.


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Andrew I have never made 1 cent off any of your business dealings. I just want you to know keep your head up and don't let these bastards screw you mate. The amount of jobs you have created is phenomenal and all the kudos you're giving an opportunity is great. So what if a few words are twisted or lost These pricks in Government have a thirty year buffer for all of the false stilted promises and deals they make. Once again keep your head high, chin up and get your butt out of there ASAP and create a few more jobs.

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BN30 Index

Index = 100 as of 4 Jan 2016
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Top 10 Shareholders

Substantial shareholders as published in the annual report.
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Total Shareholder Return as at 31/01/20

1 year TSR5 year TSR
60thFortescue Metals Group134%47%
314thMineral Resources11%25%
339thWoodside Petroleum6%6%
783rdOM Holdings-65%9%
677 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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1st-Fortescue Metals Group$14,366.2m
3rd-Woodside Petroleum$7,536.1m
4th-Mineral Resources$1,520.1m
5th↑OM Holdings$1,512.4m
484 listed resources companies ranked by revenue.
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