The questions for me are simple.
1 - They've got 6 months to prove they are secure (an annual audit they will need to do each and every year). How long will this take to prove? my guess is less than the 6 months they have as much of the groundwork will have been done here (it's not their first rodeo)
2 - Is this a massive buying opportunity? For me, yes. Plenty happening in the next month or two.
This stock is very illiquid. You cannot buy or sell large parcels on market without affecting the price. That was evidenced on the way up and today.
Ann: FINDI Granted White Label ATM Licence, page-36
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Last
$5.75 |
Change
0.280(5.12%) |
Mkt cap ! $281.9M | |||
| Open | High | Low | Value | Volume |
| $5.50 | $5.79 | $5.50 | $990.0K | 174.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 225 | $5.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.75 | 4367 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FND (ASX) Chart |