Despite the negative lead from the Dow overnight, FMG has stood up well this morning and being supported above $1.90. This looks to me like recognition of current fair value around the $2 mark for FMG with the potential to strength over the next couple of months pending solification of leading indicators re IO market in that time.
Certainly nothing to support a jump to $3 by tomorrow though.
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- price predition of $3 by weeks end
FMG
fortescue ltd
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0.89%
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$16.20

price predition of $3 by weeks end, page-9
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Last
$16.20 |
Change
-0.145(0.89%) |
Mkt cap ! $50.31B |
Open | High | Low | Value | Volume |
$16.15 | $16.23 | $15.94 | $15.91M | 988.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2801 | $16.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.20 | 3475 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1529 | 16.180 |
13 | 7618 | 16.170 |
15 | 16561 | 16.160 |
15 | 8231 | 16.150 |
9 | 8348 | 16.140 |
Price($) | Vol. | No. |
---|---|---|
16.190 | 3803 | 10 |
16.200 | 7637 | 13 |
16.210 | 9537 | 12 |
16.220 | 12361 | 11 |
16.230 | 12254 | 11 |
Last trade - 10.35am 08/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
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