At the moment I see FMS being held around 10c because of the price increment. Traders are buying at 10 or below where the increment is 0.1c. Above 10c the increment is 0.5c, a quick 5% profit and they are taking it, and buying again at 10 or below.
There strategy of taking a 5% profit will hold FMS around this level I think.
11.5 today , page-4
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Last
78.5¢ |
Change
-0.035(4.27%) |
Mkt cap ! $156.8M | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 78.5¢ | 76.5¢ | $2.438K | 3.147K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 3999 | 1 |
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| Last trade - 14.14pm 30/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |