today's fall was a "bit" OTT imo... of course it is never good to see so much movement at the top & FMG has had a bit more than the norm of that recently...
the good thing is that on ex-dividend it does over correct, so I think on Monday it should NOT fall more than the dividend amount as it has already been oversold today itself...
unless there is something extremely sinister happening the boardroom @ FMG this should be a good short term entry here.. let's see how that goes
FMG Technical Analysis, page-10087
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |