Is anyone able to tell me how good this deal was for FMG - is it...

  1. 1,209 Posts.
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    Is anyone able to tell me how good this deal was for FMG - is it a good price?

    Bad luck to all those with a short investment horizon. The stock is now heavily overweighted with shorts which makes profit taking and hence a bounce in the price pretty likely if you are able to hold on.

    I for one am getting ready to buy a whole lot more, it is actually quite amazing that the price is almost as low as it was when the IO price was way down last year. Not a sustainable place for the FMG price to remain in my opinion - I reckon we'll see a repeat of the huge move upwards that happened last year.

 
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Last
$18.73
Change
0.030(0.16%)
Mkt cap ! $54.31B
Open High Low Value Volume
$18.73 $18.80 $18.51 $23.84M 1.275M

Buyers (Bids)

No. Vol. Price($)
19 4597 $18.72
 

Sellers (Offers)

Price($) Vol. No.
$18.74 1045 6
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Last trade - 14.00pm 29/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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