Hi Klogg. No not at all.
I think there is price manipulation by someone outside the FID inner circle. I have listened to Indy and his CEO on a number of calls and I sincerely believe he is a straight shooter. I also know a number of high profile investors who believe that Indy is running a great business.
But I have watched the daily price movements of FID over quite some time and price movements are all over the place.
Just yesterday the SP rose 52c or mnearly 8% on a barely there volume of 11,153 shares. There are games being played and when that is coupled with very low liquidity then I am out. I did get out but it was a bit of a trial on the day as someone was buggering up the bids.
Anyway I am out now. I would go back in boots and all if the liquidity increased and the price manipulator buggered off.
Cheers....D
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Last
$8.00 |
Change
0.050(0.63%) |
Mkt cap ! $251.8M |
Open | High | Low | Value | Volume |
$7.95 | $8.00 | $7.92 | $17.48K | 2.187K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 612 | $7.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.99 | 126 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 751 | 7.940 |
1 | 4 | 7.930 |
2 | 855 | 7.920 |
1 | 126 | 7.910 |
1 | 125 | 7.900 |
Price($) | Vol. | No. |
---|---|---|
7.990 | 116 | 2 |
8.000 | 139 | 2 |
8.090 | 327 | 2 |
8.100 | 1520 | 2 |
8.150 | 2000 | 1 |
Last trade - 11.36am 05/09/2024 (20 minute delay) ? |
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