FMG 1.91% $21.62 fortescue ltd

The BB team can buy at any price daily. The figures are a guide....

  1. 2,060 Posts.
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    The BB team can buy at any price daily.
    The figures are a guide.
    They look to be buying at the shorting lows, Friday buying at 4.05-4.10
    closed strongly in friday arvo
    shorters forced to cover yet again,
    since the BB started, look at the SP, its up 15%

    4.30 is the real resistance then 4.65
    these were the support pivots on the way down where shorts entered heavily.

    Still FMG is way undervalued on fundamentals.
    Expect some good news to smack this up higher leading into 31 Dec.
    Maybe port berths from AGO taken over for free for example on Ginas generosity for FMG letting her TO strategic asset AGO cheap and not counterbidding.
 
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$21.62
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$21.61 $21.78 $21.48 $190.2M 8.611M

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No. Vol. Price($)
7 15504 $21.61
 

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Price($) Vol. No.
$21.62 6560 1
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Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
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