FFM 2.42% 84.5¢ firefly metals ltd

Ann: Auteco Receives Firm Commitments for A$30.4million Placement, page-32

  1. 1,180 Posts.
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    I think the story sounds better than the potential, when I first got in the market cap was around 120m @ 15c, more options were issued and then it doubled and now they have raised + 220 million shares.

    the story will move the share price up in the future I'm sure but in terms of real value at this present time I'm not a buyer I'm a seller.

    There is already data on the project itself, which I didn't know when I first got in. I got in without understanding the main details and I believe personally that their is better value elsewhere. the market is high as well which does concern me so I sold a few shares all round this morning.

    good luck
 
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