ASX FBR 3-7 year outlook serious discussion, page-59

5.5 hours of trade today just 33 trades 43000 in value that liquidity is a worry in my view

33 trades with them working onsite building should be a red flag they were doing better years ago SP wise with no builds

So let’s discuss what is going wrong why is the SP continuing to under perform?

We can see it works we know that. Why tho is there very little interest in ASX FBR

TA tells me that the gap at 2.8 is likely to fill with supports at 3.3 cents breaks that the gap comes into play.

long term TA the bearish trend continues as it has fir now years.

I suspect the lows of around a cent will come again in the next few months.

low liquidity makes it hard for holders to sell large parcels.

As an experienced trader it seems to me there is drip feeding into the sells

Now that could be anything but I’ve held the opinion someone Is filtering stock out slowly in my view

If I was buying which i am not i Would wait for a very tangible ANN linked to revenue.

Then and only then I would suggest a reversal may occur.

Keeps going with that sub three cents is a given in my opinion.