"Personally I believe it might be Twiggy instructing his brokers to buy up FMG to support the stock or......
Maybe a capital raising by way of a rights issue is in the offering. I saw this happen with Alumina. The exact same thing occured before the rights issue was announced and it was announced after the close of the market."
I doubt it. It is probably more like short covering. At this level FMG is way too cheap, even if you can raise capital at at premium.
fmg is flying!, page-6
-
- 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
$18.54 |
Change
0.140(0.76%) |
Mkt cap ! $57.02B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $73.01M | 3.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3096 | $18.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.55 | 6542 | 14 |
View Market Depth
| Last trade - 13.05pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |