FFM 2.05% 74.5¢ firefly metals ltd

Ann: Trading Halt, page-10

  1. 312 Posts.
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    Regardless mate, the end result will be the same. Endless Sp churn with the Soph's milking as much as they can out of the shares they get. Pls Note, Sophs do not just sell at a price higher than the Cr. They trade (dripping price up and down),and the churn continues with the Sp well down.

    I know explorers, juniors etc need money, but the reality is pain for us. Never think the sophs are doing it because they like the company. They are doing it to trade a huge parcel of shares bought at a discount, and to make long term gains from that ongoing trading churn.

    I'll redo the technicals after the Cr is completed but at the very least, I now see that the 200 ma will become resistance not support. And, the MA will fall so that resistance will drop below 5.5.
 
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Last
74.5¢
Change
0.015(2.05%)
Mkt cap ! $358.1M
Open High Low Value Volume
73.0¢ 75.0¢ 71.5¢ $727.2K 997.0K

Buyers (Bids)

No. Vol. Price($)
2 20300 72.0¢
 

Sellers (Offers)

Price($) Vol. No.
76.5¢ 24000 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FFM (ASX) Chart
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