FMG 0.93% $22.41 fortescue ltd

This stock is a dead duck and everyone knows it.The only people...

  1. 177 Posts.
    This stock is a dead duck and everyone knows it.

    The only people hoping it's going up are those who bought in at much higher levels ($4+) and are now very very nervous if this stock will even get back to break even for them.

    Iron ore is dropping like a stone. The aussie dollar doesn't cushion anything because a falling $AUD means mass foreign investors pulling out of our market, causing the share price to plummet even further.

    It's catch 22 - this stock just can't win. Everything is conspiring against it.

    I feel we are on the cusp of something horrible about to happen in world markets. My call is sub $1.80
 
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Last
$22.41
Change
-0.210(0.93%)
Mkt cap ! $68.99B
Open High Low Value Volume
$22.36 $22.61 $22.30 $82.59M 3.681M

Buyers (Bids)

No. Vol. Price($)
1 500 $22.40
 

Sellers (Offers)

Price($) Vol. No.
$22.42 11435 2
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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