30/08/2012 - 14:06

Forrest spends $39m on FMG shares

30/08/2012 - 14:06

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Fortescue Metals Group chairman Andrew Forrest has spent nearly $39 million in two days increasing his shareholding in the mining company he founded, as its shares and iron ore prices plunge. Mr Forrest bought five million shares for $20.1 million at an average price of $4.02 on Monday.

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