No doubt you are onto something here TB having discussed this drop for weeks now. May I ask what your motive is if you do not hold, and have no sentiment? Are you looking to enter? Are you shorting despite your disclosures? Are you just really enjoying the HC involvement?
If the price does go under $20, it will be frustrating for most holders. But I also see the incoming final dividend and any price around that mark will only see more shares added to my holding via the DRP. The interim dividend was a 20% return on my initial purchase and I cant wait to see the final. With these sort of returns even at the existing price, let alone any capital growth, it is only a matter of time until FMG finds its true value.
FMG Technical Analysis, page-6645
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |