I am not a shorter. I am sure I will get some abuse from people for saying this but I sold half of my holdings yesterday. I was not even watching it for most of the day but my sell price of 29.94 actually went. I thought i would not actually get it. My thinking is unless the IO price gets back over say 140 USD per tonne I do not see FMG at this stage being good value at anything over 30 dollars.
Lets see how much abuse i will get from people. FMG is otherwise a good company.
Is FMG a short?, page-49
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Last
$18.35 |
Change
-0.280(1.50%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.20 | $90.07M | 4.820M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1753 | $18.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.36 | 3316 | 10 |
View Market Depth
| Last trade - 11.46am 28/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |