One does have to accept that FID, and the market in general, is moving back to a lower PE ratio.
So this price move might be around for a while.....
Its a good price to accumulate more IMO, but if the market continues to shift downwards, then so will FID.
Accentuated moves can happen in illiquid stocks like FID, so if one has funds at the ready a capitulation day could present itself and provide a great opportunity.
Gosouth
One does have to accept that FID, and the market in general, is...
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 (20min delay)
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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 |