I’ve been invested in FLN for ages, 5 years or more.oI made a bit of money trading in and out some of my parcel as the stock tends to move up towards results then drift down afterwards.
I’ve made a lot of money in the last 6 months from the move up.
You can read my post before the last quarterly saying the $1m in corporate revenue that was booked too late to hit the December quarter will make the March quarter look extra good.
That will be a gap to fill this week.
Camelcitro made the same point a couple of weeks ago.
I think Tuesday’s numbers will be good, but I think the $1m hole will make the figures look worse than they are.
From past experience, the market reacts to the numbers, not the investor presentation.
So I am out for this quarterly.
If I am right, and the stock gets sold down, it won’t bring me any joy, because I still think it is a good investment.
If I am wrong and it climbs, well, I’ll console myself with gains to date.
Good luck to all holders.
Leaving my sentiment as buy, as I intend to re-enter.
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $90.18M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 20.0¢ | $384 | 1.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48080 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 13000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48080 | 0.200 |
1 | 3840 | 0.190 |
1 | 99854 | 0.185 |
1 | 23571 | 0.180 |
1 | 16000 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 13000 | 1 |
0.220 | 34612 | 3 |
0.230 | 490 | 1 |
0.240 | 4166 | 1 |
0.245 | 30857 | 1 |
Last trade - 14.52pm 26/07/2024 (20 minute delay) ? |
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