FML 7.41% 12.5¢ focus minerals ltd

bid event imminent ?

  1. 177 Posts.
    So I called the CRE event , albeit stating a JV was about to happen as opposed to a takeover but my educated hunch was pretty good...now once again says IMHO that a aggressive bid is coming our way. The pattern of recent sells over the last 2 or 3 months and suppression of the price has been very obvious, even the gradual clean up of CRE shares is probably a factor. What next? I think IMHO we will see a sudden and massive ramp up in buying in the couple of weeks or will see a bid made. Yesterdays price drop was a little capitulation forced by constant drip drip of price capping selling. So IMHO we will probably have a 100 million share volume day by Jan 15 or an approach. Dyor and air your thoughts on my post? Anyone agree ?
 
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Last
12.5¢
Change
-0.010(7.41%)
Mkt cap ! $38.68M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $7.143K 57.14K

Buyers (Bids)

No. Vol. Price($)
5 165050 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 90000 1
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Last trade - 10.26am 30/07/2024 (20 minute delay) ?
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