Fortescue Ltd Stock Price Declines to 12-Month Low
Fortescue Ltd, a provider of iron ore mining services, has seen its stock price decrease to a new 12-month low. This decline has resulted in a decrease in the company’s market value.
Market Value Impact
The company’s stock price has experienced a significant drop, impacting its market value.
Director’s Interests Update
Fortescue Ltd has announced changes in director’s interests. The following updates have been made:
- Mark Barnaba has updated his holdings.
- Dr Larry Marshall has updated his holdings.
Portfolio Holdings Disclosure
Perennial Investment Management, a fund manager, has disclosed its portfolio holdings. The disclosure shows a relatively small stake in Fortescue Ltd.
Market Trends and Performance
The company’s recent performance and market trends suggest a challenging period ahead.