FMG 1.29% $16.51 fortescue metals group ltd

definitely something going on re china here

  1. 1,674 Posts.
    I don't buy FMGs denials that 'nothing is happening at present' - there are too many repeated noises out of China that BaoSteel want a stake. I could see FMG capitulating and giving them 15% for under $AuD1b which would at least put to bed any cash flow and debt issues. China likes to keep its 'friends' close - and as a make or break supplier it has FMG as close as possible with its arm twisted behind its back.

 
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Last
$16.51
Change
-0.215(1.29%)
Mkt cap ! $51.48B
Open High Low Value Volume
$16.60 $16.69 $16.46 $50.34M 3.037M

Buyers (Bids)

No. Vol. Price($)
16 11047 $16.50
 

Sellers (Offers)

Price($) Vol. No.
$16.51 2152 4
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Last trade - 15.04pm 26/10/2020 (20 minute delay) ?
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Last
$16.53
  Change
-0.215 ( 1.15 %)
Open High Low Volume
$16.58 $16.69 $16.47 904303
Last updated 15.21pm 26/10/2020 (live) ?
FMG (ASX) Chart
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