Yes it is soley FMG that hedge funds are now betting that a equity placement will be done. It was also sold down heavily on iron ore price drops but as can be seen in AGO its now holding in where as FMG is getting smoked - hedges that are already short are just further putting selling pressure on the stock here driving it lower as the buy side today given is the weak market is non existant
shorters be warned, page-3
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Last
$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B | |||
| Open | High | Low | Value | Volume |
| $18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10105 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 17942 | 8 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |