OZL consolidated last Thursday & gained 4.4% since.
Of course, OZL is very profitable & has a billion in the till.
Its sole motivation was to reduce its share register tenfold to attract overseas instos.
I believe that FML should do the same.
Many instos have a policy of staying out of a stock in the pennies and, besides, the EPS simply looks better in cents rather than in microcents.
Cheers
Moorookamick
email, phoncecall re ti, page-31
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Last
13.5¢ |
Change
-0.008(5.26%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $5.052K | 37.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 67803 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 18428 | 2 |
View Market Depth
| Last trade - 13.41pm 18/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |