the stock market is one gigantic casino whether its blue chips or specs, whether you have traders in chatsites ramping or the newspapers doing it on a national scale...
Recently most of you would be aware of the media's power to influence the sharemarket whether it was ramping up Toe to the heights of 1.60 or ramping down a stock- like it did with FMG hammering it all the way to $4.oo
Didn't stay down that long - perfect opportunity for sharks to make a killing.. and boy has it bounced back..
FMG trading $6 plus in less than two weeks
Now with IRON ore.... are FMG mining... NO so how do you justify it sp value over $2 billion...
What fundamentals are we speaking of when it comes to mining! I like to keep things simple.
If a u co hits a good grade of u its share price is going to hit the roof . If it doesnt it won't. It's not rocket science.
the stock market is one gigantic casino whether its blue chips...
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Last
27.5¢ |
Change
-0.015(5.17%) |
Mkt cap ! $33.67M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 27.5¢ | $22.95K | 81.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20899 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 16735 | 2 |
View Market Depth
| Last trade - 12.50pm 14/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |