With the upcoming options expiry looking like raising no more funds i.e risk of further placements, average drilling results and general market sentiment towards commodities stocks, I feel that there may be an opportunity to buy FMS at or closer to 7c in the next 7 weeks. I hold and will look to average down into what I see as a quality junior iron ore play. Any thoughts?
7c in 7 weeks
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |