The drop in share price shouldn't come as a surprise. All CEOs in the resource sector were saying the price of iron ore wasn't sustainable. I'm surprised short positions in FMG have barely budged recently.
Iron ore price, page-768
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Last
$25.47 |
Change
-0.580(2.23%) |
Mkt cap ! $78.17B | |||
| Open | High | Low | Value | Volume |
| $25.73 | $25.73 | $25.39 | $26.22M | 1.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1857 | $25.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.47 | 1521 | 9 |
View Market Depth
| Last trade - 11.12am 01/05/2024 (20 minute delay) ? |
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Last
$25.46 |
Change
-0.580 ( 2.44 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.72 | $25.38 | 177069 | ||
| Last updated 11.30am 01/05/2024 ? | |||||
| FMG (ASX) Chart |