I know I was a bear on FMG a few weeks ago but this I find a bit hard to swallow.
"``We remain cautious of the aggressive ramp-up targets and the ability of all parts of the infrastructure chain to support Fortescue's aggressive expansion plans,'' Macquarie Group Ltd. analyst Len Eldridge said in a April 29 report. He has an ``underperform'' recommendation and a price target of A$4.10 on the stock."
http://www.bloomberg.com/apps/news?pid=20601081&sid=aHk4hDB0d2_c&refer=australia
Is Macquarie going to short sell? They will need to to sell down this Bull in and IO frenzy.
latest news, page-4
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.63 |
Change
0.320(1.75%) |
Mkt cap ! $57.36B | |||
| Open | High | Low | Value | Volume |
| $18.48 | $18.77 | $18.35 | $132.7M | 7.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26 | $18.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.64 | 7889 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |