It's been deplorable how aggressive some posters have been on here to people who have had an honest (non-down ramping) bearish view and just wished to contribute to the discussion. I hope those posters can be more tolerant of other peoples views in the future to create a fair and enjoyable discussion.
Anyways, FMG is right on a 50% retracement since the $14 low today... I wouldn't be surprised to see a $16 after the dividend, but I feel the share price is more even keeled at this level. I really don't have a view as to where it will go from here.
Moving my sentiment back to "hold" so no further need for the shorting acquisitions anymore.
Iron ore price, page-43782
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Last
$17.40 |
Change
0.140(0.81%) |
Mkt cap ! $52.95B | |||
| Open | High | Low | Value | Volume |
| $17.30 | $17.42 | $17.13 | $37.65M | 2.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6547 | $17.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.41 | 8606 | 16 |
View Market Depth
| Last trade - 11.28am 21/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |