FMG 5.35% $20.18 fortescue ltd

insto's may be buyers

  1. 960 Posts.
    i note that none of the big insto's sold on thursday,it was only retail brokers selling for paniced small investors who sold,the big s/holders such as MLC,JFcapital partners,JP morgan ,goldman sachs, putnam,fidelity and the various hedge funds who hold this stock i believe,would agree that fmg should NOT sell their assets cheaply to the chinese, these guys will see this as a buying opportunity as they invested in the first place based on fundamentals .my personal view is that i will be looking also to buy on any dips.
 
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Last
$20.18
Change
-1.140(5.35%)
Mkt cap ! $63.87B
Open High Low Value Volume
$20.65 $20.83 $20.02 $158.0M 7.722M

Buyers (Bids)

No. Vol. Price($)
3 8529 $20.18
 

Sellers (Offers)

Price($) Vol. No.
$20.19 3423 20
View Market Depth
Last trade - 13.06pm 25/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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