Just a guess.. Can it be BHP and RIO playing them? Twiggy have been giving them crap. the Big boys cannot stand FMG SP raised so high for so long hence pull them down.
FMG had since drop by 50% from its peak of $13+
Just my theory.. will be good to hear from others why this had happened.
sudden drop to 7.50, page-25
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Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |