I have been watching this closely and I believe something is going on. Someone is having nibbles at it, and for what reason I don't know.
My reason is pure speculation, that something is on the cards. I don't know what, don't know when. Its really a punt thats all I can say. I know very little fundamentals on this.
Make your own mind up, but the nibbles over the last month have been up on the average trading volume after a couple months of price consolidation on the charts.
Buy side stacked although mostly away from current market price.
You know when you look back on a chart and see a period where you say, "I wish I bought in then", or "imagine if I bought in then".
Well I am hoping this is my turn so I had a little nibble myself.
Remember my choice is pure speculation based on coming across the chart.
FER Price at posting:
0.9¢ Sentiment: None Disclosure: Held
