IO in freefall. Yesterday down 5%. Today (so far) just as bad. Adds up after a while. i wouldn't be surprised if FMG gets to $1.10-1.20 range and a trading halt is called. Company announces China has taken a 40% stake or similar. They want FMG to remain open. New TPP allows Chinese companies to bring their own workers here into Oz. It's a preposterous trade agreement imo. Med term we'll wake up and find we have sold the farm and family silver.
Look elsewhere and keep yr capital till dust has settled.
fe sub $50, page-20
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Last
$18.34 |
Change
0.370(2.06%) |
Mkt cap ! $56.49B | |||
| Open | High | Low | Value | Volume |
| $18.11 | $18.40 | $18.10 | $54.17M | 2.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4137 | $18.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.34 | 3038 | 11 |
View Market Depth
| Last trade - 11.42am 22/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |