FMG 3.46% $20.80 fortescue ltd

FMG Technical Analysis, page-3845

  1. 954 Posts.
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    @big e

    i had a look at the share buy back program that (I think) you mentioned. $360M they could buy back, expires around 29/10 or therabouts.

    if i remember correctly someone said that the Vwap was being posted every day in part for this reason. I don’t see the relevance of the VWAp here - could u or someone else enlighten?

    Seems unlikely they’d do further buyback but I suppose you never know, when they did it, it was typically end of month
 
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