The unsecured bond equity raising is great news for shareholders. Should the EU announcement be anything from satisfactory to good, then this will leave the shorters in a hole and a scramble to purchase.
In the mean time shorting will still continue but they are gambling big time.
Long term, don't worry this is heading north IMO.
As always DYOR and good luck.
Ann: Fortescue Debt Offering , page-14
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$22.10 |
Change
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Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9803 | $22.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.11 | 10620 | 3 |
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