well Tailspin, I don't know if that is a negative Dorothy-dixer, but SBM have been terrible since their consolidation; down 30%. I just looked at their Hotcopper threads and the holders over there are an unhappy lot. Some of them blame the consolidation, some of them blame the factors that prevail around that stock, that is, falling production, some of them say it is an abolute bargain. I say that consolidations are all about telling whether your stock is lamb dressed up as mutton (which is what we say FML is, before consolidation, and that's why it needs it), or mutton dressed up as lamb (which is what cynics think when a consolidation happens, ie that it is window dressing to prop the price). Anyway, here is a bit of the flavour from over there:
Roadrunner 222:"Often, when a share consolidates, the general public suddenly see their shares have soared in value to $2.60 and they sell.
I know it is dumb and I know they have less shares but they don't realise what has happened. It happens time and time again.
If you are a trader you will get out and wait for it to stabilise or if you are an investor you will wait patiently till those who don't understand sell and the price rises again."
- Forums
- ASX - By Stock
- FML
- why fml is a fitnfam buy---ssssshhhhhh
why fml is a fitnfam buy---ssssshhhhhh, page-28
-
-
- There are more pages in this discussion • 17 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 FML (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.84M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $1.6K | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 130650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.160 |
1 | 9159 | 0.155 |
1 | 25340 | 0.150 |
1 | 479241 | 0.145 |
2 | 23627 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 130650 | 2 |
0.175 | 11067 | 2 |
0.180 | 4002 | 1 |
0.190 | 31322 | 1 |
0.195 | 102564 | 1 |
Last trade - 13.03pm 15/10/2024 (20 minute delay) ? |
Featured News
FML (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online