isn't it a co-incidence that when the market is rising again we get the perfect story coming out to get this moving back into the $9-$10 range.
FMG has been depressed for too long and other iron ore stocks have run up a good 10% from thier lows in recent weeks.
FMG should have a fair value of $8.90 by the end of the week and higher still if commodities wern't getting such a beating. but we can blame currencies and aus rate cuts for that!
more proof the asx is at fault..., page-26
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |