I note FMG has popped in to the Morningstar top five overvalued stocks. I don't normally pay much attention to this metric, except to observe that some of their most undervalued stocks have fallen substantially, so I treat it with very great caution as a source of investment guidance.
I view it as a sign of where we are, rather than where we are headed. I'm cautiously optimistic, and regretting I didn't top up under $20. I set my threshold just a little bit too low that time.
I note FMG has popped in to the Morningstar top five overvalued...
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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 |