"I see it dropping down to about $15 two weeks before pay out then after pay out it will get back to the $25 to $27 range again.Normal course of events going on at present."
And why would it go back to $25 (never seen $27), unless you are talking 5 years from now when FFI might see profits.
Fundamentals also have an influence on the SP, not just history.
There is nothing I can see that would make IO do such a sharp reversal to justify FMG @ $25 anymore.
IO prices are coming back to normality and will stay there, although how low that normality will be is currently anybody's guess.
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B |
Open | High | Low | Value | Volume |
$21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 15504 | $21.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.62 | 6560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 55 | 21.610 |
8 | 5180 | 21.600 |
3 | 1258 | 21.580 |
3 | 1995 | 21.570 |
2 | 450 | 21.560 |
Price($) | Vol. | No. |
---|---|---|
21.650 | 1000 | 1 |
21.750 | 7200 | 2 |
21.760 | 1000 | 1 |
21.770 | 179 | 1 |
21.800 | 4913 | 6 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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