"I see it dropping down to about $15 two weeks before pay out then after pay out it will get back to the $25 to $27 range again.Normal course of events going on at present."
And why would it go back to $25 (never seen $27), unless you are talking 5 years from now when FFI might see profits.
Fundamentals also have an influence on the SP, not just history.
There is nothing I can see that would make IO do such a sharp reversal to justify FMG @ $25 anymore.
IO prices are coming back to normality and will stay there, although how low that normality will be is currently anybody's guess.
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Last
$18.64 |
Change
0.195(1.06%) |
Mkt cap ! $57.05B |
Open | High | Low | Value | Volume |
$18.34 | $18.68 | $18.30 | $46.41M | 2.511M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4782 | $18.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.64 | 680 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46 | 18.630 |
20 | 8125 | 18.620 |
13 | 8105 | 18.610 |
14 | 5194 | 18.600 |
14 | 8820 | 18.590 |
Price($) | Vol. | No. |
---|---|---|
18.640 | 3910 | 23 |
18.650 | 8175 | 12 |
18.660 | 5136 | 9 |
18.670 | 6457 | 11 |
18.680 | 14993 | 14 |
Last trade - 11.12am 29/08/2024 (20 minute delay) ? |
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