FMG 1.20% $21.41 fortescue ltd

So, what do we know?On Monday 17th June, someone closed out 10...

  1. 3,791 Posts.
    lightbulb Created with Sketch. 743
    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.

    https://hotcopper.com.au/data/attachments/6269/6269912-268a83d710f8b92038fb57be3113d4f6.jpg
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.