Yeah frankhalo Im with you all the way. It will be interesting to see what happens in this short term with the Russians having being granted permission by the ASX and co to acquire a bigger stake in FMG. A target of up to 20% has been bandied about. Having watched our stock all day yesterday I couldnt help but think that they have started acquiring. There was massive support at 7.38/ 7.39 all day. Today that support may find a different level but I do believe they are active. We will see what happens in a week/month or two if this is the case as they will have to announce a significant accumulation to the ASX. Today Magnitogorsk Iron & Steel works have denied that they will raise their stake in FMG but 2 days ago, Viktor Rashnikov, the Chairman said that they have been waiting a long time for approval. Anyway holders........Have patience.
Yeah frankhalo Im with you all the way. It will be interesting...
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Last
$18.63 |
Change
0.320(1.75%) |
Mkt cap ! $57.36B | |||
| Open | High | Low | Value | Volume |
| $18.48 | $18.77 | $18.35 | $132.7M | 7.156M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26 | $18.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.64 | 7889 | 2 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |