1234 [Dow Jones] Fortescue (FMG.AU) up 34% at A$2.77, hits four-week high of A$2.93 on good volume. Two traders attribute today's FMG share price strength to the recent completion of a large share sale by Russia's Magnitogorsk Iron & Steel, which they say sold just over 150 million shares (5.4%) over the past few months. FMG spokesman says company has no comment. Australian Financial Review Oct. 15 said that MMK might have been trying to sell its 5.4% stake in Fortescue. (DWR)
maybe the reason why it's up
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Last
$16.20 |
Change
0.080(0.50%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.34 | $15.91 | $139.5M | 8.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70232 | $16.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 830 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |