FMG 1.98% $15.88 fortescue ltd

fmg now in trading halt this could be big!!, page-8

  1. 960 Posts.
    re: set to fly well well well andrew has done it again what a fantastic result or fmg shareholders he sure has pulled a rabbit out of the hat,local insto's will be scrambling to get stock as they have little exposure.this will soar to $2-00 plus i hope on monday,it just goes to show how all those knockers of andrew's capabilities now have mud on their faces!!!!!and well done to all the fmg shareholders who took a punt and backed fmg.as usual the local market insto's have again missed the boat due their non belief in andrew's marketing skills. isn't it amazing how offsore investors fully appreciate the value of some of our resource stocks (eg WMR/MIM takeovers) yet local investors always find themselves caught out and under weight local resource stocks because they dont understand that our resources are coveted by overseas entities who need them and place a higher value on them than local investors.
    a real shame as for eg xstrata bought mim for a song,lets hope that fmg will be valued alot higher now that overseas investors have shown that they think its worth much more than currently valued.
 
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Last
$15.88
Change
-0.320(1.98%)
Mkt cap ! $48.89B
Open High Low Value Volume
$16.40 $16.41 $15.88 $188.3M 11.70M

Buyers (Bids)

No. Vol. Price($)
9 15657 $15.87
 

Sellers (Offers)

Price($) Vol. No.
$15.89 2000 1
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Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
FMG (ASX) Chart
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