It's been deplorable how aggressive some posters have been on here to people who have had an honest (non-down ramping) bearish view and just wished to contribute to the discussion. I hope those posters can be more tolerant of other peoples views in the future to create a fair and enjoyable discussion.
Anyways, FMG is right on a 50% retracement since the $14 low today... I wouldn't be surprised to see a $16 after the dividend, but I feel the share price is more even keeled at this level. I really don't have a view as to where it will go from here.
Moving my sentiment back to "hold" so no further need for the shorting acquisitions anymore.
Iron ore price, page-43782
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Last
$18.44 |
Change
-0.160(0.86%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.38 | $18.54 | $18.33 | $196.7M | 10.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1832 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 1100 | 3 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |