FMG 1.62% $21.92 fortescue ltd

iron ore price , page-47

  1. 91 Posts.
    Exactly right RC.

    Trading makes up a large percentage of the mkt - I've heard as high as 70% of trades are proprietary trading.

    So if the long traders are only in for a week or two then are they any better than the shorters?

    It strange that whenever a share price under-performs people scream market manipulation and death to shorters (see TSE recently).

    Surely if a price is artificially lowered then this is a good thing as long term buyers can pick up more at a discount.

    What these people are really telling me is they have little idea about how a market functions.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.92
Change
0.350(1.62%)
Mkt cap ! $67.49B
Open High Low Value Volume
$21.60 $21.95 $21.54 $94.22M 4.315M

Buyers (Bids)

No. Vol. Price($)
1 1000 $21.91
 

Sellers (Offers)

Price($) Vol. No.
$21.93 18370 7
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.