I used to own FCL. I bought when they were unbelievably cheap @ about 1.90. The market was dissapointed at FCL's profit at that time and marked them down from 2.60 to 1.80.
I keep on getting these reminders not to buy a company in a downtrend!!!!!!!!!!!!!! There are not too many companies that can do a quickish reversal from a chart such as this.
The trouble at this point in time is, no matter how much D/D you do, you still have to battle market sentiment, which is more powerful than any logic.
ALERT - FCL , page-4
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Last
$1.33 |
Change
-0.015(1.12%) |
Mkt cap ! $449.9M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.33 | $197.8K | 146.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2254 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| FCL (ASX) Chart |