"the drop in the SP can't go on forever"
yes it can
this isnt a technical retrace, FMG wont be profitable as a company if IO holds at these prices or falls further...
if IO rebounds to $110, dont expect FMG to be back to $4.50, there is a lot more uncertainty now...
it wouldnt be the first time a major company has collapsed...
suitable buy price?, page-16
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 (20min delay)
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Last
$22.12 |
Change
-0.245(1.10%) |
Mkt cap ! $68.86B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $22.01 | $92.53M | 4.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4181 | $22.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.12 | 1891 | 15 |
View Market Depth
| Last trade - 13.14pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |