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.
pasted from compare shares websiteBroker Stock Recommendations...
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Last
$18.33 |
Change
0.360(2.00%) |
Mkt cap ! $56.43B | |||
| Open | High | Low | Value | Volume |
| $18.11 | $18.49 | $18.10 | $176.9M | 9.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 78 | $18.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.35 | 100000 | 2 |
View Market Depth
| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |