*** It is possible that somebody is currently establishing a significant position within FNT ***.
Disagree Con, volumes have been very small all year and you can't accumulate a significant position without buying lots of shares - eg I checked the last months trading, approx sales of 20 million shares which is around 7% of the total on issue.
Personally I think we've got a huge number of true believers who are mainly holding for as long as it takes (expecting a 10-bagger+), and a few day traders playing their usual silly games with small holdings. We've never seen any "Becoming a substantial holder" notices from the ASX.
Roll on more results from Andewa, Likuranga, Bulago and Leonard Schultz - drill results are the real deal when it comes to the share price esculating and big players and instos are only interested when they have complete pictures of risk/opportunity.
I for one have my 3/4 of a million shares sitting in the bottom drawer, daily small variations in sp are of no consequence whatsoever!
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.774M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $35.07K | 8.744M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
50 | 62073623 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 1757548 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
50 | 62073623 | 0.003 |
34 | 36263333 | 0.002 |
8 | 52190000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 1757548 | 2 |
0.005 | 23838971 | 28 |
0.006 | 15908653 | 15 |
0.007 | 10169028 | 15 |
0.008 | 7989729 | 9 |
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