Te Te
You must be happy today. I looked at the 30 day chart $3.38 to $2.60 or -.78 cents within 30 days. A drop of about 19 cents a week and over 3 months a drop of 12 cents a week.
If this is consistent for over the next 9 weeks then FMG will reach a dollar about the 18th January 2015 or 9th Feb 2015 if we use the average drop for the last 3 months.
I tend to think market sentiment is lagging a bit. The market is hoping FMG will bounce therefore the storm has not started.
Chart fmg.ax with whc.ax on yahoo finance and look at the comparison. Its almost a mirror image. When comparative and complimentary products decline at the same rate of knots this is more than a small correction.
https://au.finance.yahoo.com/echarts?s=FMG.AX#symbol=FMG.AX;range=1d
Te Te You must be happy today. I looked at the 30 day chart...
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Last
$20.14 |
Change
0.180(0.90%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.40 | $19.80 | $203.8M | 10.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $20.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.14 | 17291 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |