imo $2 remains a valid price target, about a 60% probability, before end of this calendar year. A return to sub $3 is almost a given. The refinancing is merely delaying the inevitable train wreck
Consequently the recent bounce is another excellent shorting opportunity.
Suspect that eventually BHP will acquire the pieces
i love fmg, page-28
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 (20min delay)
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Last
$20.29 |
Change
0.145(0.72%) |
Mkt cap ! $62.67B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.28 | $98.87M | 4.783M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 8810 | $20.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.29 | 3761 | 13 |
View Market Depth
| Last trade - 14.26pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |