"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
$18.54 |
Change
0.135(0.73%) |
Mkt cap ! $57.06B |
Open | High | Low | Value | Volume |
$18.40 | $18.68 | $18.34 | $80.50M | 4.352M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 5742 | $18.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.54 | 408 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 623 | 18.540 |
21 | 10801 | 18.530 |
11 | 7038 | 18.520 |
11 | 6467 | 18.510 |
15 | 19093 | 18.500 |
Price($) | Vol. | No. |
---|---|---|
18.550 | 4771 | 17 |
18.560 | 9920 | 17 |
18.570 | 6107 | 10 |
18.580 | 10988 | 15 |
18.590 | 8414 | 12 |
Last trade - 13.54pm 06/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |