FMG 0.65% $18.56 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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Last
$18.56
Change
0.120(0.65%)
Mkt cap ! $57.14B
Open High Low Value Volume
$18.34 $18.68 $18.30 $218.7M 11.78M

Buyers (Bids)

No. Vol. Price($)
9 57703 $18.55
 

Sellers (Offers)

Price($) Vol. No.
$18.60 4301 2
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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