FMG 1.96% $17.97 fortescue ltd

Ichim Are you joking. There is a good reason why fmg are trading...

  1. 5,267 Posts.
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    Ichim
    Are you joking. There is a good reason why fmg are trading on a trailing P/e.( trailing P/E ratio of just 3.2)

    The market anticipating failure is probably the major reason.
    Why would you trade something in a falling market, shorting but not buying.

    FMG has had $900 million shaved off its market cap within a week.
    Last edited by david25: 10/12/14
 
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Last
$17.97
Change
-0.360(1.96%)
Mkt cap ! $55.32B
Open High Low Value Volume
$18.10 $18.28 $17.97 $250.7M 13.82M

Buyers (Bids)

No. Vol. Price($)
7 104054 $17.96
 

Sellers (Offers)

Price($) Vol. No.
$18.07 4370 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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