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18.0¢ the original juice co. ltd

Ann: FOD completes Tranche 1 of Careline Strategic Investment, page-11

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Charterrierist

6,018 Posts.

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26/09/18

14:16

Post #: 35855540
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Originally posted by mikeross ↑

FOD hit a high of 31c not long after completing the re-listing back in Feb 2016 at around the 20c level (cannot remember exactly). There will be a number of stale holders who have been trapped in the stock since it fell from those levels in a slow and gradual decline as the products were developed but the numbers failed to excite. However the daily volumes of late on the way up (since the announcements about insto investors and China / Careline) are much higher than ever seen on the way down. If we get through the low 20s then it should be blue sky for as long as they can keep developing product and sell into China.

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I think 20c is inevitable as some stage and then onwards upwards.

FOD Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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