Regarding margin loans, how long before the margin lenders reign in their LVR on FMG.
Commsec up to a few days ago used to lend 65% on RFG. I just checked now and it is down to 40%. This occurred either Tuesday, Wednesday or this morning (I sold my shares with Commsec on Tuesday lunch after reading the trading update, and I don't believe this had occurred by then).
I expect more selling pressure on RFG due to this fact.
Today we bounce, page-34
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Last
7.5¢ |
Change
-0.001(1.32%) |
Mkt cap ! $189.1M | |||
| Open | High | Low | Value | Volume |
| 7.7¢ | 7.7¢ | 7.5¢ | $45.14K | 596.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 351182 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.6¢ | 107480 | 4 |
View Market Depth
| Last trade - 12.30pm 15/07/2024 (20 minute delay) ? |
| RFG (ASX) Chart |