FMG 0.87% $16.27 fortescue ltd

Iron ore price, page-53325

  1. 16,879 Posts.
    lightbulb Created with Sketch. 8358
    Oofff!

    That the stock price crashed right through the floor of the bookbuild range looks to me like the underwriter got slotted with a lot of stock.

    Bodes ill for any chance of a meaningful recovery in the share price.

    .
 
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