It does not mean he will be right. Many of the whales get it wrong. Look even i make a small mistake at times. Rare but even for me it does happen. $2.50 for FMG is support for now.
If it can hold that then back to $3.25 to $3.50. If it fails that then. under $2 we may go.
I think IO is way oversold. So can't really see it going to much lower, well not before a short cover rally at least. That is why i have a buy on FMG at the moment. But you never know in this world hey.
fmg - forrest buys 4m shares, page-12
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Last
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |