Financially excellent, simply on the basis of the money inflow in the Q3.
FMG share price was heavily defended through the last 3 days. For good reason, I imagine. It is better to announce good news at 5.90 than 5.70.
The process is called anchoring. Tomorrow's anchor is 5.90 and then up and down as the market determines.
$5 ? Quite possible. I think that Chinese government will decide on the IO price , whatever is good for China will determine the level of opulence (or misery) of your party.
fmg and fe, page-876
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |