I think $12 is inevitable - look at China's reaction when Australia simply asked for an independent investigation into the origins of Covid-19. They went ballistic. Now they feel threatened with our submarine announcement. More retaliatory action will be inevitable in the coming weeks/months. How/if it impacts IO who knows, but the next few months won't be pretty for FMG IMHO with so much negativity from China towards Australia.
FMG Technical Analysis, page-7188
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Last
$22.62 |
Change
0.700(3.19%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $131.3M | 5.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 6416 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |