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
$24.37 |
Change
0.310(1.29%) |
Mkt cap ! $75.03B | |||
| Open | High | Low | Value | Volume |
| $24.49 | $24.55 | $24.29 | $90.31M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5859 | $24.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.37 | 41509 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$24.30 |
Change
0.310 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $24.44 | $24.55 | $24.29 | 996350 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| FMG (ASX) Chart |