RC, I read the announcement quickly. Its just a $700,000 transaction and I gather FMG Resources a fully owned FMG subsidiary is involved somehow but I don't even know if its on the buying or selling side. I don't see it as a price sensitive to FMG announcement though it could easily be price sensitive to RIE.
$700,000 for FMG is very small beer. Cheritons Find isn't about iron ore.
I guess down at the level of $700,000 transactions FMG isn't now or hasn't always been a completely pure iron ore play after all.
Ann: Completion of Cheritons Find Sale, page-4
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$17.19 |
Change
-0.155(0.89%) |
Mkt cap ! $53.11B | |||
| Open | High | Low | Value | Volume |
| $17.25 | $17.30 | $17.10 | $41.12M | 2.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3052 | $17.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.19 | 3876 | 18 |
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