"the drop in the SP can't go on forever"
yes it can
this isnt a technical retrace, FMG wont be profitable as a company if IO holds at these prices or falls further...
if IO rebounds to $110, dont expect FMG to be back to $4.50, there is a lot more uncertainty now...
it wouldnt be the first time a major company has collapsed...
suitable buy price?, page-16
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 (20min delay)
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Last
$22.02 |
Change
-0.340(1.52%) |
Mkt cap ! $68.06B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $21.98 | $110.2M | 4.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 2408 | $22.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.02 | 4014 | 23 |
View Market Depth
| Last trade - 14.58pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |