FMG 0.40% $17.42 fortescue ltd

bye bye fmg, page-17

  1. 3,062 Posts.
    coal king-the course of sales says massive short,the media are downplaying the issues at hand,ineffective regulation for electronic trading,all the talk about analysts,however i suspect a great deal of emphasis is being placed on npv not future value,and the effect of a devalued aus$.

    i also believe given the large number of stocks under prolonged attack,that some hedge funds are in deep,deep trouble,i dont share the view that fmg is a trash stock,
    innovative with a strong focus on long term cost control,
    the only pure io play in the world.

    i am in through misfortune so we will have to wait and then trade,trade ,trade,if the beneficial owner has recalled stock
    then hopefully it wont be long.

    however somewhere amidst all this i smell a decaying rat
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.42
Change
-0.070(0.40%)
Mkt cap ! $54.80B
Open High Low Value Volume
$17.56 $17.84 $17.41 $83.14M 4.724M

Buyers (Bids)

No. Vol. Price($)
15 10240 $17.42
 

Sellers (Offers)

Price($) Vol. No.
$17.43 5306 30
View Market Depth
Last trade - 13.12pm 18/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.