You're right - in the short term - there is no reason to buy FMG. But when the dust settles and the deals are done and the debt vanishes - oh my - I would want to be long...At the moment is easy pickings for the hedge funds. I'd be picking on the banks.
Iron Ore Price, page-119
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Last
$25.57 |
Change
0.250(0.99%) |
Mkt cap ! $78.72B | |||
| Open | High | Low | Value | Volume |
| $25.38 | $25.62 | $25.24 | $87.38M | 3.432M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 108 | $25.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.57 | 17507 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$25.56 |
Change
0.250 ( 0.68 %) |
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| Open | High | Low | Volume | ||
| $25.41 | $25.62 | $25.24 | 1155324 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| FMG (ASX) Chart |