FMG 0.93% $22.41 fortescue ltd

iron ore price, page-1402

  1. 1,583 Posts.
    http://www.asx.com.au/data/shortsell.txt

    From 21st Jan; Short Sales on ASX and CHI-X (no doubt I'd like to see figures broken out from the two exchanges)

    FMG FORTESCUE METALS GROUP LTD FPO 12,549,946 short sold shares outstanding

    Total shares traded on 21st is 19, 185, 301

    Do the math, that's a huge % of open shorts.
    These need to be closed. Be interesting to see today's figures.
    Maybe the final bump down before a stellar report?
    If so, should be in for a nice bounce????
 
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