Something else that seems crystal clear to me is that a few weeks ago, FMG travelling above $25, all that the brokerages and media talking heads could say was how IO was doomed, over supplied, over priced etc...
Once the stock had slipped to low $21's the Credit Suisse's and Morgan Stanley's of this world suddenly changed their minds and issued brokerage notes saying FMG likely to outperform...
Now suddenly there seems to be a case for IO remaining above $165 and "possibly reaching $200 this year".....
It couldn't possibly have been a case of shaking the tree and frightening a few dumb bunnies into selling could it..?
The upcoming dividend is so much better at $21-$22 than above $25.
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Something else that seems crystal clear to me is that a few...
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Last
$17.16 |
Change
-0.185(1.07%) |
Mkt cap ! $53.11B |
Open | High | Low | Value | Volume |
$17.25 | $17.30 | $17.10 | $46.09M | 2.678M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 15272 | $17.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.16 | 1170 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 3799 | 17.180 |
18 | 9059 | 17.170 |
22 | 10533 | 17.160 |
23 | 17658 | 17.150 |
17 | 12303 | 17.140 |
Price($) | Vol. | No. |
---|---|---|
17.190 | 1218 | 7 |
17.200 | 8225 | 15 |
17.210 | 6307 | 15 |
17.220 | 5846 | 12 |
17.230 | 14757 | 12 |
Last trade - 13.20pm 19/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |