With the stock now down to 70 cents (unbelievable!) surely the Mgt at FER would have to be looking at some form of positive announcement.
The low daily volumes and lack of buyers are creating a slow erosion of value based on nothing else but time and lack of direction (and the obvious bear market sentiment).
The core long term shareholders are obviously staying put but my fear is at this low base a takeover could mean a lower end result for shareholders.
Surely the better strategy is to create SP growth through regular and positive market updates that encourage buyers to the stock
FER Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
