"It's funny how shorts label the FMG share price as "pathetic" and "weak" while Twiggy & Nev Power are loading up on their shares at these levels."
Your argument makes no sense at all. Look at the share price over the past year and tell me whether you think it's been strong or weak. Yes, the directors are buying shares, but that doesn't magically make the share price action any better, nor has it been so.
"What can be more bullish than those running the company putting their own money on the line. "
Mate, they've been buying shares since FMG was double digits LOL.
"on ore prices have stabilised @ $140..."
You don't know that.
"Looking forward to cracking $5 soon and an almighty short squeeze over coming weeks..."
That might very well be the case if the intervention announced leads to a Santa rally. If they even slightly disappoint, however, FMG will be trading sub 4.40 very quickly (yum!)
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Last
$22.10 |
Change
0.100(0.45%) |
Mkt cap ! $68.04B |
Open | High | Low | Value | Volume |
$21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 9803 | $22.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.11 | 10620 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10 | 22.090 |
1 | 1400 | 22.060 |
1 | 2500 | 22.050 |
1 | 135 | 22.030 |
3 | 1485 | 22.010 |
Price($) | Vol. | No. |
---|---|---|
22.110 | 6540 | 1 |
22.130 | 107 | 1 |
22.150 | 1623 | 2 |
22.160 | 455 | 1 |
22.180 | 1850 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |