Most IO stocks moving sideways really, just look at GBG, MMX, AGO, MGX, holders all complaining about the same thing. BHP in a strong ascending triangle pattern but they're prone to fluctuations in other materials not just IO, and they are in a very strong balance sheet position unlike most of the pure IO stocks...
Don't worry, just like the other IO stocks which have had recent chinese investment like MGX and GBG, Valin's investment buys FMG time and stability for a period of time to help get beyond the current economic climate and build for the future.
fmg, page-7
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Last
$19.50 |
Change
0.620(3.28%) |
Mkt cap ! $60.03B | |||
| Open | High | Low | Value | Volume |
| $19.03 | $19.50 | $18.97 | $134.1M | 6.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $19.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 30744 | 25 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |