Hi Klogg. No not at all.
I think there is price manipulation by someone outside the FID inner circle. I have listened to Indy and his CEO on a number of calls and I sincerely believe he is a straight shooter. I also know a number of high profile investors who believe that Indy is running a great business.
But I have watched the daily price movements of FID over quite some time and price movements are all over the place.
Just yesterday the SP rose 52c or mnearly 8% on a barely there volume of 11,153 shares. There are games being played and when that is coupled with very low liquidity then I am out. I did get out but it was a bit of a trial on the day as someone was buggering up the bids.
Anyway I am out now. I would go back in boots and all if the liquidity increased and the price manipulator buggered off.
Cheers....D
Ann: FID Investor Presentation - Wilsons, page-22
Add FID (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.85 |
Change
0.260(3.43%) |
Mkt cap ! $247.0M | |||
| Open | High | Low | Value | Volume |
| $7.60 | $7.91 | $7.51 | $73.44K | 9.645K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6334 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.85 | 108 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$7.67 |
Change
0.260 ( 1.54 %) |
||||
| Open | High | Low | Volume | ||
| $7.60 | $7.67 | $7.56 | 747 | ||
| Last updated 15.26pm 17/06/2024 ? | |||||
| FID (ASX) Chart |
