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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0.43%
!
$16.33

Despite the negative lead from the Dow overnight, FMG has stood...
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Last
$16.33 |
Change
0.070(0.43%) |
Mkt cap ! $50.27B |
Open | High | Low | Value | Volume |
$16.28 | $16.37 | $16.20 | $91.44M | 5.627M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100 | $16.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.33 | 450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100 | 16.320 |
2 | 7166 | 16.260 |
6 | 8742 | 16.250 |
2 | 3823 | 16.220 |
7 | 7657 | 16.200 |
Price($) | Vol. | No. |
---|---|---|
16.330 | 450 | 1 |
16.340 | 6971 | 6 |
16.350 | 14605 | 6 |
16.360 | 2370 | 3 |
16.370 | 2445 | 4 |
Last trade - 16.13pm 04/07/2025 (20 minute delay) ? |
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Dr Michael Thurn, CEO & MD
Dr Michael Thurn
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