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You are here: Home Archive 2009 August 14 Fortescue in trading halt ahead of announcement

Fortescue in trading halt ahead of announcement

by Sineva Toevai last modified Aug 14, 2009 01:16 PM

Fortescue Metals Group was placed in a share trading halt yesterday as the company prepared to release details of its commercial discussions.

  
Fortescue in trading halt ahead of announcement

Fortescue to release details on Monday

In a statement to the Australian Securities Exchange, Fortescue requested its shares be suspended pending an announcement on Monday about a "commercial negotiation".

The company's shares closed at $4.45 in late trading yesterday on the ASX giving the miner a market...

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