having read that and if they do have issues with funding then you can be sure VALE will be even more keen to try and snap up FMG.
GHetting a deal through is another thing but if VALE make a bid at some point FMG's price could easily spike to $20.00 short term....
For sure all theory but Im sure the big end of town will be doing their sums on FMG's viability for the long term.
Im still confident its a T/O target.
Dumper
jp morgan cut its price target by 48pc, page-7
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |