Why?
Another brilliant strategy by Messrs Forrest and Co., to split the stock 10:1.
The punters are forgetting that a couple of weeks ago it was trading at about $50 a share.
Totally over valued by any reasonable measure, including the most important, market cap vs. tonnes of ore in the ground.
You just can't keep seeing these sorts of rises without rationally expecting the bubble to burst.
If you made big money on FMG then sell now and sit back, and watch the impending destruction.
1 old share now worth 75 too high too fast
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |