blueoceans99,
This is what I tried to raise in an earlier thread "worrying time". Seems that on a positive day like today FMG does not follow the trend. However on a negative day FMG takes a pounding on 5-10%.
Indicates that there are many people waiting to exit this stock which is not a good sign.
I understand that iron ore is no longer the glamour of the market however the steep slid of FMG must be worrying.
On a charting sense looks headed for the same bin as AFG, BNB, CNP ...etc
I recently exited at $2.80 taking a 70% loss...may look to re-enter again however I just have a feeling that the larger institutions (who I can bet knows more than you or I) are trying to get out because of a fundamental flaw
blueoceans99,This is what I tried to raise in an earlier thread...
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |