Glad to see the end of that other thread. Far too long and too much mud-slinging.
Seriously though, where do people think we will finish today. Any ideas?
Although I don't agree with Ray I am now pretty well sure that the stock will fall furhter, though hopefully not too far.
I agree as a long term holder all the fundamentals are in place but I think the market (and I don't mean the few people reading Hot Copper) is selling down all stocks with big debts and those in need of future finance. I am sure that FMG would easily obtain finance for development from all its steel partners but I am not sure the market sees it this way.
What do others think. Thanks
china to spur demand, page-2
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Last
$21.52 |
Change
-0.100(0.46%) |
Mkt cap ! $66.25B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.61 | $21.25 | $97.49M | 4.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3904 | $21.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.54 | 4837 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |