Agree with most of that, and the motivating factor that sees it get bought up is the dividend yield imo.
The instos looking long might be thinking it's good value at this level and therefore accumulating but when it breaks lower it's a must have and buy up!
Chart - Failure to breakdown, page-7
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Last
$20.24 |
Change
-1.085(5.09%) |
Mkt cap ! $63.87B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $160.0M | 7.821M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7510 | $20.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.24 | 2291 | 9 |
View Market Depth
| Last trade - 13.12pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |