What I am trying to impress upon you and the long term holders is that the short traders can do what they like. They represent a relatively small band of trades and volume whilst FMG is in this sideways trading pattern. And if they can make a bit of money, good luck to them.
They have neither the power nor influence to have any effect on the direction of FMG.
FMG are in the debt reduction, wealth creation business.
They have a clear way forward, and know how to steer the ship.
The big players are going to jump on board again. Nothing is more certain.
There is no holding back the river when the tide turns.
I welcome the shorts to say what they like and trade what they like.
Go for it. Keep the FMG flag flying, and keep lifting their profile, with the little bit HC has to offer.
As far as FMG is concerned, the shorts and us for that matter are mostly irrelevant (And I am not being nasty. Just stating a fact).
What I am trying to impress upon you and the long term holders...
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |