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. |
---|---|---|
$22.11 | 10620 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 22.090 |
1 | 1400 | 22.060 |
1 | 2500 | 22.050 |
1 | 135 | 22.030 |
3 | 1485 | 22.010 |
Price($) | Vol. | No. |
---|---|---|
22.110 | 6540 | 1 |
22.130 | 107 | 1 |
22.150 | 1623 | 2 |
22.160 | 455 | 1 |
22.180 | 1850 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |