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Fortescue shares plummet following massive $1.9B block sale

Second billion-dollar block sale in the past several weeks managed by JPMorgan

Joshua Smith
FMG's Hedland operations. Credit: Fortescue

FMG's Hedland operations. Credit: Fortescue

Shares in Fortescue Metals nosedived on Tuesday after JPMorgan on Monday night put $1.9 billion worth on shares on offer at a steep discount on behalf of an unnamed vendor.   Street Talk reported after...

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