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.
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B |
Open | High | Low | Value | Volume |
$19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 31740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 19.730 |
1 | 1000 | 19.700 |
1 | 3000 | 19.680 |
2 | 1552 | 19.650 |
1 | 5000 | 19.630 |
Price($) | Vol. | No. |
---|---|---|
19.800 | 2133 | 2 |
19.830 | 750 | 2 |
19.850 | 150 | 1 |
19.870 | 2200 | 2 |
19.880 | 3834 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |