Hi Shaggy...like many of the gold stocks there was weak price action in the stocks days before the big sell off as funds moved out
FMG has and is a ripper story!! dont get me wrong...i have been long the stock, but have quit and taken a trading short position back to $16.50 range
its priced to perfection and i do see a 10% pull back in spot and the head stock
long term i think its 15 - 20 range bound now..but the recent gains feel capped up here
Iron ore price, page-23125
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Last
$18.44 |
Change
-0.190(1.02%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4950 | 4 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |