I remember when FMG was $2.50 (before split) and all the brokers were talking it down saying it's worth only 50c. I actually did short the stock on my brokers recommendation, I lost over $30,000 in one month!
IMO the only thing that will hurt FMG's stock price is a case of 'over-promise - under deliver' on their costings and production (probable) or 'twiggy' attempting to sell his stock and cash in on his 'paper wealth'. I'm not buying FMG however I'm certainly not shorting it at this level.
I remember when FMG was $2.50 (before split) and all the brokers...
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |