wal71,
I found it funny how a major broker downgraded FMG 2 weeks ago as the price collapsed and then increased their price target immediately late last week after the price sailed through it.
Unfortunately their valuations models are just rear view mirrors.
MAH continues to perform at operatonal level and will still make enough profit to pay a modest dividend even if at the low end of revised guidance.
2 weeks max is my call here before we hit 40c if general markets cool down a bit into early October.
wal71,I found it funny how a major broker downgraded FMG 2 weeks...
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $689.5M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 32.0¢ | $393.3K | 1.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31394 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 310000 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MAH (ASX) Chart |