Hi Folks,
DOW fell off the cliff, down 204 points, commodoties fell from the sky, Oil down to US$66, Gold down to US$920 - Main reason being Global growth to contract by 2.9%
Though, lets not forget on Friday Chinese growth for 2009 was raised to 7.8% (Being FMG's main export market)
SPI futures down 87 points.
Question is with all this background how will FMG's share price react?
From yesterday's closing price of $4.07, will it open at
$3.91 - 4% lower?
$3.83 - 6% lower?
$3.74 - 8% lower?
$3.66 - 10% lower?
$3.58 - 12% lower?
My gut feel is that we will see FMG open 6-8% lower...
Thoughts welcome
Hi Folks,DOW fell off the cliff, down 204 points, commodoties...
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Last
$20.14 |
Change
0.180(0.90%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.40 | $19.80 | $203.8M | 10.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $20.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.14 | 17291 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |