sandune
My mate who was my "source" of original advice to buy some 15 months ago (and I did buy heaps at 18 and again at 9 cents) - said in early November last year well before drill results and the big rise that he wouldn't be selling before FCN reached $2. Same mate is still holding what he bought at 15 cents and believes still that they will go much higher.
I took a lot of profit at well over $1.00 avearge ($1.46, $1.20ish, $1.05ish) and have rebought in the 70s and 80s - looking to catch the next big move. Its a very interesting story developing and I'm sure WMC would be pis*ed off with FCN management selling out to JBM. I fully expect a big run up either purely on drilling results (expected this week according to various posters) - or on a takeover by JBM or WMC. The current value of JBM's deal with FCN management is around $1.30 per share - so a bidding war should achieve higher than that - perhaps $1.50, and if results are at the high end of expectations then I don't think $2 is out of reach.
I didn't listen to the knockers when it fell from 18 to 9 cents (I bought) and have profited handsomely. Hang in there, and thanks for your positive posts!
Cheers
H
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$2 buy june as posted, page-6
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Mkt cap ! $43.72M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.0¢ | $13.36K | 63.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 21.0¢ |
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Price($) | Vol. | No. |
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1 | 20000 | 0.210 |
3 | 59260 | 0.205 |
2 | 50000 | 0.200 |
2 | 50738 | 0.195 |
4 | 82175 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 37142 | 2 |
0.230 | 97080 | 4 |
0.245 | 81000 | 2 |
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