Clearly ASR are confident. Tonights report shows they have bought FCL as a core holding at $2.49 today.
I did better, and I decided to take some of this at $2.41. Clearly an oversold stock and this will come back to around $2.50 - $2.60 short term. No fundamental reasong to todays trading apart from the off market transaction to a investment fund manager. Why do you think they have purchased so much of FCL? Easy pickings to anyone getting in at these levels.
what going to happen tomorrow, page-3
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 (20min delay)
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Last
$1.35 |
Change
0.020(1.50%) |
Mkt cap ! $456.7M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.39 | $1.33 | $201.9K | 150.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10331 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 404 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FCL (ASX) Chart |