I am not at all surprised by today's price action, actually, I was expecting a much larger rise. I have pored over today's announcement again and it paints a picture of a company establishing itself fundamentally accross multiple dynamics. I am calling the Nadir in valuation from here and now expect a gradual, but sustained, climb up the wall of worry. I can see a meaningful base being formed for the business.
Ann: 1Q23 Business Update, page-4
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $78.91M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.5¢ | $27.93K | 155.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 88509 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1000 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| FLN (ASX) Chart |