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
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |