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
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Last
$7.36 |
Change
-0.040(0.54%) |
Mkt cap ! $232.3M |
Open | High | Low | Value | Volume |
$7.38 | $7.39 | $7.21 | $106.5K | 14.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5030 | $7.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.35 | 112 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 7.330 |
1 | 137 | 7.320 |
1 | 200 | 7.260 |
1 | 138 | 7.220 |
1 | 500 | 7.200 |
Price($) | Vol. | No. |
---|---|---|
7.350 | 112 | 1 |
7.360 | 262 | 2 |
7.380 | 199 | 1 |
7.400 | 3000 | 1 |
7.440 | 200 | 1 |
Last trade - 14.43pm 30/07/2024 (20 minute delay) ? |
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