ASIC is showing their total ignorance of what even the most novice trader knows. The effect of sentiment.
The All Ords index was rising right through the period, strongly. Traders in spec stocks like FMG was at the time, could care less about the legalities of announcements.
Does ASIC seriously expect us to beleive that if the railway announcement was phrased differently, that it would have made any difference?
Anyway, the railway which was the announcement subject for ASIC, was built and runs today. So who was misleading who?
EXT recently fell 25% in a day, no reason given in speeding ticket, and none since. Maybe ASIC will find someone to charge. Its all bullying and petty point scoring at its worst, by people who are supposed to be respected market police.
china puts brakes on hunan bid, page-9
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |