Lot of selling pressure is just "noise". Lots of traders would be profit taking, sitting back ahead of BHP's results. The fact that it finished higher then yesterdays close, from a technical view is a plus..(i dont use technicals to trade a stock!).. I havent heard of any price of the convertible, but its not the price that I am concerned with, its the willingness of CIC to buy corporate/hybrid debt.. Once the dust settles, then lets see where the markets see FMG. Anywhere above $3.50 is a good solid support level.
reverse hike likely, page-37
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |