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
$27.51 |
Change
0.500(1.85%) |
Mkt cap ! $84.14B | |||
| Open | High | Low | Value | Volume |
| $27.64 | $27.67 | $27.15 | $45.94M | 1.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 633 | $27.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.52 | 1949 | 17 |
View Market Depth
| Last trade - 12.34pm 22/05/2024 (20 minute delay) ? |
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Last
$27.59 |
Change
0.500 ( 2.48 %) |
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| Open | High | Low | Volume | ||
| $27.64 | $27.66 | $27.16 | 418512 | ||
| Last updated 12.52pm 22/05/2024 ? | |||||
| FMG (ASX) Chart |