look,what i forecast about fmg share price fluctuations in the past being overly sensitive to IO price,, was irrefutably validated today.
with the latest manufacturing results from china-basically they are throwing a carrot to the western world with the "good"news.they have to keep things at least at 7.0%growth,o/wise they themselves will be stuffed,as their exports will suffer.
ps-i don"t think twiggy bought in with that insignificant amount to try and make money,or stave off the inevitable merger,but probably just as a reassurance gesture to all his battle weary loyal followers.
thanks for reading
cheers crazypunter
Postive China manufufacturing data, page-9
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |