FMG 1.10% $19.76 fortescue ltd

Lion Thank you. I have been looking for the turnaround point. I...

  1. 182 Posts.
    Lion
    Thank you. I have been looking for the turnaround point. I don't think its now because, looking at the Dalian daily chart, there was a lower low in IO on Friday before the 2% recovery and I fear that indicates further weakness. Also there is a lot of negative sentiment around about IO. When will FMG turn around? I expect there has to be a turnaround in sentiment on IO and Chinese growth before FMG turns around. There does seem to only marginal consideration in the SP for how good FMG is as a company and FMG largely just follows the IO price. Anyhow if you have a view on when the turnaround will come I would love to hear it.
    Good Luck
 
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$19.76
Change
-0.220(1.10%)
Mkt cap ! $60.84B
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$19.66 $19.80 $19.20 $191.1M 9.763M

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No. Vol. Price($)
3 4673 $19.73
 

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Price($) Vol. No.
$19.76 31740 2
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FMG (ASX) Chart
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