FEX 1.85% 26.5¢ fenix resources ltd

is anything happening out there ?, page-10

  1. 7,140 Posts.
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    Bailey, I can't see anyone benefiting from holding down the SP. There aren't many options out there (only unlisted parcels) and the volume has been so small... This is not being held down, it's simply a case of nobody wanting to buy the stock.

    The only saving grace right now is that very few holders are willing to sell at these prices and this is what keeps the share price above 10c for the time being.

    If anyone with a decent parcel loses patience and dumps we will see this stock well below 10c, we can only wait and see what happens and hope that something positive can happen in due course.
 
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