Soon after their interim next week and maintaining a 3 cent dividend, I sense FMG will announce a further transaction of buying debt at at discount as this will provide the momentum moving forward and it will be seen as a confidence statement to the market which is likely to attract money away from BHP & RIO into the more savvy responsible FMG. A consistently high volume traded is a key indicator now.
Iron Ore Price, page-4559
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |