IMHO I think it is the hedge funds who are getting out of the risky options as once the info is out on 29 July this should show FMG having done better than BHP and RIO thereby the SH will hover over $26 and need to reduce their exposure.
Most of these clowns believe in the likes of Sachs, The fools etc who have been banging the wall down saying the FMG collapse is imminent.
The last thing they want is massive exposure - hence covering without exciting the market.
IMHO I think it is the hedge funds who are getting out of the...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |