FAS 0.00% 0.4¢ fairstar resources limited

8 cents, page-24

  1. 2,782 Posts.
    lightbulb Created with Sketch. 310
    I guess a positive spin on todays disappointing SP performance was 9 odd million 5c (assuming) shares were sold but those same shares were also purchased between 6-6.5c.

    I predicted a bit of carnage when those 5c shares were to hit the market.You can't blame those who decided to take same small quick profits off the table.

    Eg: Buy 300000 off SPP @ 5c = $15000
    Sell 300000 @ todays 0.0627 average = $18810
    Profit $3810 less brokerage.

    Your right Dollars they are the smart ones LOL.I think us long termers will eventually have our day in the sun, it's just whether it will be life changing or not.

    Cheers.
 
watchlist Created with Sketch. Add FAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.