FMG 0.43% $16.13 fortescue ltd

Oofff! That the stock price crashed right through the floor of...

  1. 16,879 Posts.
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    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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Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
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