FMG 0.32% $21.86 fortescue ltd

hi Beet33,for what it’s worth- maybe the SP is hitting some head...

  1. 187 Posts.
    lightbulb Created with Sketch. 45
    hi Beet33,

    for what it’s worth- maybe the SP is hitting some head winds because of the “potential “ of China pulling trigger to invade Taiwan.

    and the fact they are stating they need to accumulate resources food oil etc- which is clearly due to the Russian invasion - but maybe some People , brokers large institutions, reducing holding in fear at some point soon China has a crack at Taiwan.

    Would be interesting to get FMG’s take on if they would continue to supply China if Aussie Govt imposed restrictions.

    I hope and do not think China will try to invade Taiwan any time soon,

    but just thinking this may be weighing on peoples minds and hence the SP drop.

    excuse as you and others including me are challenged by the logic of IOP - vs Share price fluctuations and manipulation.

    let’s hope things work through quickly with the disparity and we go north of $20 sooner than later.

    kind regards

    MJAK




 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.86
Change
0.070(0.32%)
Mkt cap ! $67.30B
Open High Low Value Volume
$21.95 $22.35 $21.71 $192.6M 8.766M

Buyers (Bids)

No. Vol. Price($)
4 705 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.88 1359 3
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.