that was oxiana/ozminerals demise...the banks pulled the rug..at the last minute, they couldnt roll over $1 billion of loans...so they had to sell 3.5 billion of assets to the chinese for 1.6 billion...
I lost everything with that debarcle..so FMG holders i offer no advice, but the banks can be bast..rds and ruthless...
I dont hold FMG , it seems many knew as looking by the amount of shorts happening...
holders do research, i am sure it can rebound, but if the banks play nasty, then anything can happen
hmm reminiscent of oxiana/oz minerals
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Last
$20.25 |
Change
0.845(4.36%) |
Mkt cap ! $62.61B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.43 | $20.08 | $157.3M | 7.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2801 | $20.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.25 | 891 | 7 |
View Market Depth
| Last trade - 12.28pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |