FMG 5.53% $20.14 fortescue ltd

the talk is likely to be continue due to:1. from fmg ann...

  1. 3,740 Posts.
    the talk is likely to be continue due to:

    1. from fmg ann indicates the talk is still continue and just can not meet the 29-09-2009 deadline.

    2. chinese start their ten days national day public holiday from 01-10-2009 to 12-10-2009.

    3. some brokers mention that austrlia investment committee might need to get involve with the cisa deal. so it could be an indication that chinese will take more than 20% of fmg stake.

    4. overall market rise and dow/london metals exchange rise again..fmg might be oversold so far..it should rise back to low $4 until cisa deal confirmed. then it could reach high $4 to $5.
 
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Last
$20.14
Change
-1.180(5.53%)
Mkt cap ! $62.01B
Open High Low Value Volume
$20.65 $20.83 $20.02 $262.9M 12.91M

Buyers (Bids)

No. Vol. Price($)
1 1250 $20.14
 

Sellers (Offers)

Price($) Vol. No.
$20.15 2500 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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