FMG is a very volatile stock and could easily be back below $2.50 by weekend especially if this price rise in iron ore stalls.
ShortMan indicated the shorter's where coming back into play Friday so tomorrow will be interesting to see if they have retreated or firmed today.
Whenever it is FMG pulls back, in my opinion it will be an aggressive one so I'll be ready to buy some Puts.... looking forward to in actually.
Good luck holders.
FMG is a very volatile stock and could easily be back below...
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |