The SP is really contradicting the market forces. It is obviously being held up by some group with vested interests but there is no way this can be maintained. The pressure (and I mean pressure on FMG) is down and down it will go. I have been watching it carefully for a while now and everytime it is due to fall big time, it is held up and closes at specific levels almost like clockwork. Obviously the low liquidity allows this to be done but we will see how long it can be maintained. The sp will go to the mid 14's and this will be a healthy retracement for it. The sooner it is allowed to do what it should naturally do the better it will be for FMG in the long term. They are only preventing the inevitable.
- Forums
- ASX - By Stock
- FMG
- cant keep it up much longer
cant keep it up much longer
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B |
Open | High | Low | Value | Volume |
$21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9760 | $21.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.27 | 7866 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1000 | 21.250 |
4 | 12614 | 21.220 |
1 | 5000 | 21.210 |
1 | 132 | 21.190 |
2 | 37157 | 21.170 |
Price($) | Vol. | No. |
---|---|---|
21.270 | 2057 | 3 |
21.300 | 1000 | 1 |
21.320 | 13727 | 2 |
21.340 | 150 | 1 |
21.350 | 21030 | 5 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |