FMG 0.45% $22.10 fortescue ltd

Chart just peachy, page-33

  1. 2,425 Posts.
    lightbulb Created with Sketch. 26
    no i guess my view of markets is somewhat different

    the fact that fmg has gone up from 1.5 to where it is now is a combination of a few things

    fundamentally their balance sheet is increasing by the day and i argue that they should nt have been sold down there to start with, and an analysis that states, they have travelled so far its ridiculous, well thats garbage. cause say a stock like macquarie started at 50c and now $80, if you took that view you woudl have shorted at $2

    i dont know, market more casino than a place to buy a company and watch it grow, cause hedge funds will short the crap out of something like a pack.

    i believe it would be in fmg best interest to consolidate like a bsl and cut the easy trading in the stock

    in august four of the top 20 inccreased holdings, i would have thought they know mroe than all of us about the fundamentals and dont ccare about these gyrations
 
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Last
$22.10
Change
0.100(0.45%)
Mkt cap ! $68.04B
Open High Low Value Volume
$21.99 $22.22 $21.87 $84.79M 3.834M

Buyers (Bids)

No. Vol. Price($)
2 9803 $22.09
 

Sellers (Offers)

Price($) Vol. No.
$22.11 10620 3
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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