If the share price drops to 4 cents, which I wouldn't discount just yet, that would indicate a problem, not a buying opportunity. Something would have happened and this would be the start of a more continuous downward trend. On the other hand, crooked tactics may have been used by certain people closely connected, which is also something I wouldn't discount.
We still need to see how FML copes as a producer. Don't expect things to go foward swimmingly, just because gold has been poured, as significant as it was.
But right here, right now, I believe 5.5 cents is the floor.
sleeping dragon, page-35
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $13.12K | 70.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 118797 | 4 |
View Market Depth
| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |