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
$17.31 |
Change
0.650(3.90%) |
Mkt cap ! $52.71B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.33 | $16.84 | $59.82M | 3.509M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4220 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 4339 | 10 |
View Market Depth
| Last trade - 10.58am 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |