FMG 10.2% $18.28 fortescue ltd

News: FMG Fortescue Says HY Net Profit Attributable Down 15% To $2,368 Mln, page-24

  1. 2,025 Posts.
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    comments like this often start to appear around the top
    shares prices are driven by sentiment not fundamentals and while IO may have been red hot the last couple of years, all good things must come to an end. this is a great op to take profit and buy lower after dividend - depends on your strategy, emotions and personal trading preference/ability - money will exit markets to go into bonds and home loans left right and center, Aussie businesses will do well, but profits will be squeezed a recession is imminent and green dreams still a thing of the future

    the sp is getting away from the 200, the 20 is heading for the 50 - $16-19 range very much in play after dividend - economy looks to be rolling over and in an increased intrest rate and debt scenario it's becoming more obvious what's about to happen
 
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Last
$18.28
Change
-2.070(10.2%)
Mkt cap ! $56.28B
Open High Low Value Volume
$18.59 $18.68 $18.26 $482.3M 26.08M

Buyers (Bids)

No. Vol. Price($)
18 8480 $18.28
 

Sellers (Offers)

Price($) Vol. No.
$18.30 300 1
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Last trade - 16.10pm 30/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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