FML 3.57% 14.5¢ focus minerals ltd

We'll see tomorrow morning if he's back. He wasn't around at the...

  1. 412 Posts.
    We'll see tomorrow morning if he's back. He wasn't around at the close. Without him 2.4c sellers lost their way. They were almost all chomped up. Someone was dropping 10mil lots at open for the past 5 days i think. What's the reason? Someone reasonably big is pulling out, or someone just buying at 24 and then dumping at 23 just to keep the price down? This is my pure speculation now which may prove completely wrong, but say if i was to contemplate a takeover bid for fml what would losing 1 tick on a 10mil share trade a day would mean for me in a bigger scheme of things? Probably not a lot. If I manage to keep the price down and then save 1c on 1bil shares in a takeover bid. Once again, this is just a theory which may prove to be completely wrong.
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.