OK, we have all the news. It's playing out well thus far. Pulled back a little as expected but there is some serious demand to stay on board in the buy side and price is holding up very well. The instos only got 1/6th of what they wanted and we have new instos on board - clearly others continue to want to accumulate in the mid 8's. A few little men like me may sell CGT free parcel to take up the offer, but I would say we are laughing. Nick a quick 15-20% extra on $15,000 for fun and then see the effect of the aggressive programmes drive the re-rating into mid-teens SP.
IMHO - the events of Mr Market demonstrate significant faith and support for FML.
mr market
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $41.55M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $13.80K | 98.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81170 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 8470 | 2 |
View Market Depth
| Last trade - 15.36pm 01/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |