Sorry AJ if I sound harsh. Yes I do agree with you on sentiment. But sentiment and fundamentals are not two disconnected items, they have to meet sooner or latter. If the fundamentals are good...sentiment will have to yield her foolishness to the facts sooner or latter. IE io up 110 to over 120 and the SP goes down. Yes IO will drop again and the forecast are in and well known. But the the jump up to $120 was not excepted by many so it is good omen that the forecast around the median price consensus will come true. And the calls of $80 this year are just piss and wind shorter dreams.
Sooner or latter sentiment will give rise to the fact that FMG will do well.....not as spectacular as in the past but well enough. Armageddon is not here and the sentiment being displayed at the moment is WRONG and will be corrected.
its on!, page-40
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |