So - the announcement is out, and it is the smoothest talking bit of con crap I've read in a long time. Basically, all it says is that the ASX, the Fin Review, and all the pundits are just wrong, and that everything is hunk-dory.
Well, I'm afraid that I refuse to buy into yet more of Twiggy's hype and ramped-up projects - the memories of Anaconda linger and rankle in the brain. OK - so you may be able to turn a quick profit by short-term trading FMG, but who knows when the reality bug will bite again - perhaps when the Chinese counter with their announcement that all is NOT hunky-dory, and that they will NOT build the railroad, and that FMG will have no power to enforce anything in the so-called contract.
The whole deal just smells a bit too familiar - I think it's similar to something I trod in this morning... ;)
I have never owned any FMG, so this is not sour grapes, but I will continue to watch from the sidelines. Good luck to those doing the short-term trading, but I hope you all know when to unload, before the next plummet.....
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- twiggy - what a smooth talker and con merchant!
twiggy - what a smooth talker and con merchant!
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Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B |
Open | High | Low | Value | Volume |
$16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5870 | $17.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.50 | 12148 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5870 | 17.480 |
1 | 1000 | 17.460 |
2 | 6723 | 17.450 |
7 | 31214 | 17.400 |
1 | 21320 | 17.360 |
Price($) | Vol. | No. |
---|---|---|
17.500 | 12148 | 3 |
17.560 | 3333 | 1 |
17.600 | 11809 | 6 |
17.620 | 85934 | 4 |
17.630 | 43679 | 1 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
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