The market is starting to take notice of the impact of the declining IO price on FMG's valuation. Taken awhile and once again FMG's SP is flirting with massive support at A$4.60, the baseline of a large PENNANT formation. Looks like this support might fail and FMG will be targeting A$4.00 as a first stop on its journey lower. Great short opportunity now.
Please DYOR
Iron ore price, page-5813
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Last
$18.12 |
Change
-1.430(7.31%) |
Mkt cap ! $55.79B | |||
| Open | High | Low | Value | Volume |
| $18.76 | $18.85 | $18.12 | $253.5M | 13.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14492 | $18.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.15 | 25635 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |