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    iron investing

    Forrest Takes a $1.5 Billion Hit

    Investing News Network
    Sep. 30, 2011 05:28PM PST
    Base Metals Investing

    SMH reported Andrew Forrest has continued to buy large volumes of shares in Fortescue Metals (ASX:FMG).

    SMH reported Andrew Forrest has continued to buy large volumes of shares in Fortescue Metals (ASX:FMG).

    The market news is quoted as saying,

    Mr Forrest’s latest purchase in the company he built came as Fortescue sought to calm skittish investors with news of the most productive quarter in the iron ore exporter’s eight-year history.

    For the complete market news, click here.

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