Imho FXJ has slowly recovered - it will never get back to where it was but it has a chance now after Greg Hywood reset the company. It's a team effort but Greg Hywood is a centre and seems to deserve most credit. Roger Corbet has presided over more down than up at FXJ overall - trying to make up for past mistakes but ultimately the wrong man at the wrong time. Gina Rinhart could have taken FXJ by the scruff of the neck but she didn't and ultimately hasn't changed anything. It was about influence and she has realised that controlling FXJ wouldn't have bought her that.
FXJ Price at posting:
87.5¢ Sentiment: None Disclosure: Held
