pasted from compare shares website
Broker Stock Recommendations January 12 – 6 to BUY, 6 to SELL and 6 to HOLD
SELL RECOMMENDATIONS
Fortescue Metals (FMG)
Uncertainty surrounding sales volumes, exposure to out-of-the-money shipping contracts and the outlook for iron ore prices exposes short term risks. We’re concerned about FMG facing a period of heightened funding risk, which is magnified by restrictive debt covenants.
SELL RECOMMENDATIONS
Fortescue Metals (FMG)
Uncertainty surrounding sales volumes, exposure to out-of-the-money shipping contracts and the outlook for iron ore prices exposes short term risks. We’re concerned about FMG facing a period of heightened funding risk, which is magnified by restrictive debt covenants.
chinese iron ore stockpile chart, page-63
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Last
$20.68 |
Change
0.580(2.89%) |
Mkt cap ! $63.67B | |||
| Open | High | Low | Value | Volume |
| $21.26 | $21.59 | $20.48 | $371.6M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17519 | $20.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.69 | 1250 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |