I agree with your points, other than not being touched by intros/708s etc..
If you look at the data over 6 months, there are some significant interests in the non usual retail broker arena..
Hartleys/Euroz have been selling volume.. but others have been picking it up..
I feel the most significant of reasoning is time based, something most punters tend to forget chasing those returns.. we’ve only been a producer since November, we’ve got one quarter of revenue.. it’s a paradigm shift from exploration only, to doing both exploration and producing..
So the risk profile also changes, as instead of a junior explorer, we’re effectively (and for want of a better description) a junior producer until some more runs are in the board and another quarter or two are under the belt..
- Forums
- ASX - By Stock
- FFX
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-253
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online