The biggest problem that I can see is, that there are not enough FMG shares collectively to interest a big buyer.
Buying or selling few thousands here and there is only game play between the down rampers and day traders.
If you are desperate and hold FMG you get flushed out by experts .
No point big players increase the price bid,if they cannot possibly get 10% of the FMG cake .Unless one of substantial holders sellout. Not likely .IMHO
guess how low it can go., page-71
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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 |