I think $12 is inevitable - look at China's reaction when Australia simply asked for an independent investigation into the origins of Covid-19. They went ballistic. Now they feel threatened with our submarine announcement. More retaliatory action will be inevitable in the coming weeks/months. How/if it impacts IO who knows, but the next few months won't be pretty for FMG IMHO with so much negativity from China towards Australia.
FMG Technical Analysis, page-7188
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Last
$18.88 |
Change
-0.210(1.10%) |
Mkt cap ! $58.13B | |||
| Open | High | Low | Value | Volume |
| $19.25 | $19.26 | $18.80 | $114.8M | 6.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2485 | $18.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.91 | 185 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |