given we are talking T/A and not F/A on this thread it makes perfect sense that FMG a one trick pony unlike BHP which is a diversified miner that the stock price has fallen in line with the ore price.
While your reference shows the share price is similar to what it was to what it was back when the ore price is where it is now the difference is the referenced point on your chart the stock was in a rising trend and was a considerable distance above the 200 EMA whereby now its in a down trend and well below it.
given we are talking T/A and not F/A on this thread it makes...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |