Will FMG advance today or will profit taking and an attempt at shorting take precedence?
, Although I don't take it personally, as a medium to long termer that likes to see his portfolio capital rise, yesterday was nice to see and a small smile crept in thinking that a number of shorter's got burnt.
A lot of good nes has hit for FMG of late - India reducing exports, China doing better than expected, FMG IO production increasing. FMG expansion plans on track for this year, magnetite resources 70% higher and seeking JV to exploit same. etc.
All in all very good for FMG, but will this be the last we see of shorting?.......not likely.
Will FMG advance today or will profit taking and an attempt at...
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |