Best time to sell will be about 5 mins after open tomorrow - then it will likely drop back a bit from profit-taking. Probable open 21c, high 23c, then fall to 17-18c prior to recovery to close about 19-20c. No magic guessing those numbers though it is the normal pattern after a run like FNT has had on very early news for a company which is over five years from production (you think it takes a long time to get into production in Aust!).
At these prices AGO, UMC and POLO offer better value and returns if you want in on Iron Ore (And don't forget we have much better infrastructure and much lower sovereign risk here in Aust.)
21c close is my target will sell half, page-5
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Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 1323804 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 23649539 | 33 |
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