It is of concern that there is no liquidity in FEG. Yesterday's volume, although above average, only represented well less than 0.5% of MCAP.
In my book the 6% move in the share price is therefore not convincing.
Today It could just as easily trade up to 20 or down to 16 and seems open to manipulation given its illiquidity.
I think the FEG story is of interest but i wish the investor cohort was bigger which would encourage larger positions. Maybe with time, good drill results and resorce definition work that will naturally occur.
It is of concern that there is no liquidity in FEG. Yesterday's...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $64.22M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.5¢ | 16.5¢ | $3.263K | 19.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44412 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 49910 | 1 |
View Market Depth
| Last trade - 11.00am 29/07/2025 (20 minute delay) ? |
| FEG (ASX) Chart |