FMG 3.61% $20.10 fortescue ltd

FMG Technical Analysis, page-3852

  1. 5,812 Posts.
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    Yep it was but it still allowed purchases 5% either side of VWAP. The last notice was 24 Dec but FMG traded mainly in the 410s from then until 4 Jan until it broke out into the 450-460s.

    So you are spot on about the weeks leading into the disaster. It may have been a bit difficult. I suppose it’s always easier analysing in hindsight. They still took 1% off the table which was a good effort.
 
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