hey PilbaraBoy,
I am well aware of FMG. I was buying them 6 and a half years ago when they were $1 and $2. I have never sold a share. This is a great business.
however....
If you think this type of price action is normal... I'm surprised.
The positives you talk of are great.
However....
This is a one commodity mining company. Mining is cyclical. Large capital expenditure coming. Its a China Proxy.
I am a realist. It is getting Frothy...
FMG Technical Analysis, page-4435
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Last
$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $16.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.67 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |