With the high degree of short selling on Wednesday and Thursday not providing any follow through, as bad as the fundamentals currently look , I would not be surprised to see a violent squeeze back to $2.90.
Not today by the looks of it but any stabilisation in the Fe price may invoke some aggressive covering
fmg - forrest buys 4m shares, page-20
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 (20min delay)
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |