I guess he thinks the tooth fairy is real then.
its below 17.80 now
Its a crash not a correction, down 34% from the highs of 26.00 that I called.
With the impending divy collapse, lowering IOP, increasing debt & H gas/dam water stopped,
there will be Short bearish impetus,
Once that divy gets slashed & FCf gets cut to a third there will be a relaisation of what the market already has realised & what I have been warning of on here since 7 Jasn first top at 26 that i called.
In June on here I mentioned the similar RIO Africa experience that ended up as a $10B loss and the CEO Albanese was sacked. It was a sign of a top and management disconnected from the core business which is local IO production & export. It was a signal for here too.
Did you say under 10.00, woah.
I still think that ledge at 15-17 is the first pivot support target.
That may hold. But they will have to take action & stop the capex bleeding & slash the divy & forced to accept more debt now.
Shorts in charge.
Shoulda taken the money at 26 like I said toombs.
Yes Virgina there is a tooth fairy according to PB.
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Last
$17.32 |
Change
-0.175(1.00%) |
Mkt cap ! $53.29B |
Open | High | Low | Value | Volume |
$17.56 | $17.84 | $17.21 | $107.5M | 6.132M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 14981 | $17.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.32 | 4544 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 3435 | 17.300 |
9 | 7000 | 17.290 |
11 | 11795 | 17.280 |
8 | 7246 | 17.270 |
7 | 7753 | 17.260 |
Price($) | Vol. | No. |
---|---|---|
17.310 | 3894 | 27 |
17.320 | 10285 | 25 |
17.330 | 6820 | 24 |
17.340 | 7269 | 16 |
17.350 | 11608 | 13 |
Last trade - 14.22pm 18/09/2024 (20 minute delay) ? |
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