So, what do we know?
On Monday 17th June, someone closed out 10 mill FMG shorts- and they did it at $21.60. Why? Well, clearly they wanted out, and didn't expect a better (weaker) price. Maybe the idea was to close out in FY24. Maybe their broker offered them a deal with another bank, who wanted, for their own reasons, to sell a large chunk? Good they are gone. Next we will see what happened after Monday.
Iron ore price, page-52722
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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 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |