At the moment fundamentals didn't count for anything today
if you check the asx.com.au/shortsell.txt
On Thursday there was FMG FORTESCUE METALS GROUP LTD FPO 3,945,043 shorted
On Friday you notice another 4.5 million shorted
FMG FORTESCUE METALS GROUP LTD FPO 8,432,169
So this market is not traded on Fundamentals but purely technical
I believe it is a great stock
But I don't trust this market we have seen FMG go down to $4 and below
So anyone guess
We have to worry about Europe now Japan debt has hit 12.7 Trillion so be careful
is it a good time to short fmg any opinions, page-20
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Last
$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $16.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.67 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |