"Personally I believe it might be Twiggy instructing his brokers to buy up FMG to support the stock or......
Maybe a capital raising by way of a rights issue is in the offering. I saw this happen with Alumina. The exact same thing occured before the rights issue was announced and it was announced after the close of the market."
I doubt it. It is probably more like short covering. At this level FMG is way too cheap, even if you can raise capital at at premium.
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Last
$16.30 |
Change
0.420(2.64%) |
Mkt cap ! $50.18B |
Open | High | Low | Value | Volume |
$16.00 | $16.53 | $16.00 | $202.0M | 12.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 895 | $16.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.33 | 237 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 895 | 16.290 |
1 | 500 | 16.280 |
1 | 1 | 16.260 |
5 | 2000 | 16.250 |
1 | 382 | 16.230 |
Price($) | Vol. | No. |
---|---|---|
16.330 | 237 | 1 |
16.340 | 1385 | 4 |
16.350 | 600 | 1 |
16.360 | 2500 | 1 |
16.370 | 23066 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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FMG (ASX) Chart |