Reality say's its going lower! Two placements to Chinese firms of late to consider;
GBG @ 85c and currently trading at 61c
MGX @ 60c and currently trading at 45c
The above placements were done at a premium and the shares cannot achieve those prices. FMG will be done at a discount. Have a good look at companies offering shares at a discount of late and what happened to their share price! SUN,QAN,SBM to name a few had their shares fall to the issue price on open.
425 million shares at 2.48...!, page-23
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Last
$18.29 |
Change
0.150(0.83%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.14 | $18.38 | $18.02 | $164.0M | 9.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10275 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 2897 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |