You don't have to tell me. I own all of them.
The issue is the spot price.
Once it goes up as restocking resumes, it wil stay up.
Shorter's worst nightmare.
If FMG can get the banker's relief, the FMG HORSE HAS BOLTED and the shorters will all have to stampede to short cover.
The fact that the rumour was leaked by the AFR was it wanted to do maximum damage before QE3 and Chinese easing.
One thing they didn't count on is a Trading Halt lasting until Tuesday.
Perhaps the bankers don't spend a lot of time reading Halloween by the Fairfax propaganda machine.
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Last
$17.49 |
Change
0.300(1.75%) |
Mkt cap ! $53.85B |
Open | High | Low | Value | Volume |
$17.34 | $17.56 | $17.13 | $141.9M | 8.137M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 286 | $17.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.49 | 26714 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 286 | 17.450 |
3 | 5306 | 17.400 |
3 | 99838 | 17.390 |
3 | 22791 | 17.350 |
1 | 2000 | 17.340 |
Price($) | Vol. | No. |
---|---|---|
17.490 | 26714 | 5 |
17.500 | 9903 | 6 |
17.510 | 27052 | 2 |
17.520 | 5923 | 2 |
17.540 | 21518 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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FMG (ASX) Chart |