FMG 3.28% $19.50 fortescue ltd

how do you value fmg now, page-7

  1. 5,227 Posts.
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    Doublek,

    History can often teach us things.

    1. Bear markets end when there is a huge volume sell off. That commenced Fri in the US
    2. Recovery is often quite swift with the indicies retracing a lot of their loss in a year.
    3. The retracement is often in the majors ie Top 50 or 100. Any small cap is left behind.
    4. Small caps tend to outperform near the end of the bull market when confidence and euphoria is high.

    So history tells us that most stocks will not bounce back in the short term, just the majors.

    HT1
 
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Last
$19.50
Change
0.620(3.28%)
Mkt cap ! $60.03B
Open High Low Value Volume
$19.03 $19.50 $18.97 $134.1M 6.935M

Buyers (Bids)

No. Vol. Price($)
1 5000 $19.49
 

Sellers (Offers)

Price($) Vol. No.
$19.50 30744 25
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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