Aussie Joe, well articulated, it's expected from those who have short positions to have different views and honestly I respect alternative views if it is constructive and meaningful. However, some think they can actually move markets from comments on HC it's comical & particularly naive. What is important here is the fact the market responded very positively to FMG's quarterly report & UBS upgraded FMG to a Buy from Neutral & Morgan Stanley put an overweight rating after their site tour. Obviously, FMG has a higher risk reward than some of the other tier 1 miners however, their ability compounded by their commitment to reduce cost has been recognised by the market. Other forces such as China, iron ore value & AUD are really out of their control. In saying this I do believe the time has come for FMG to seriously look at selling some of their assets as it will provide them with other opportunities to take advantage of their stronger & well capitalised position.
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Last
$19.17 |
Change
0.000(0.00%) |
Mkt cap ! $59.02B |
Open | High | Low | Value | Volume |
0.0¢ | $19.41 | $19.13 | $10.25M | 489.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4614 | $23.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.20 | 1449 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4614 | 23.000 |
2 | 4737 | 22.000 |
1 | 16 | 20.190 |
1 | 41731 | 20.130 |
6 | 46518 | 20.120 |
Price($) | Vol. | No. |
---|---|---|
18.150 | 160 | 1 |
18.220 | 346 | 4 |
18.240 | 2445 | 1 |
18.500 | 2000 | 1 |
18.530 | 551 | 7 |
Last trade - 09.44am 01/11/2024 (20 minute delay) ? |
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