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
Hi Klogg. No not at all. I think there is price manipulation by...
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Last
$7.55 |
Change
-0.010(0.13%) |
Mkt cap ! $237.6M | |||
| Open | High | Low | Value | Volume |
| $7.65 | $7.65 | $7.51 | $8.406K | 1.104K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 608 | $7.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.64 | 3333 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$7.55 |
Change
-0.010 ( 0.13 %) |
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| Open | High | Low | Volume | ||
| $7.65 | $7.65 | $7.55 | 200 | ||
| Last updated 15.58pm 24/05/2024 ? | |||||
| FID (ASX) Chart |