FFX 0.00% 20.0¢ firefinch limited

Ann: Presentation -A$47M Equity Raising to Drive Ramp-up atMorila, page-272

  1. 2,500 Posts.
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    Who knows.

    Maybe those with 10+ million shares will be in a position to play with 10-20% of their holding to try hit some stop gaps with the ammunition that they hold, but look at the buy side... 65% of the lodged buy orders (2.5m+) are sitting within 5% of the current share price.

    Granted they move and change, and more comes onto the market of course, but there really don't seem to be much to play with....

    Flood the market with a couple of mil sell on market, maybe 2-3 instos try the same, and I think the demand is there to gobble them up. Might see a pip or two in the 30s, and I'd be tempted, but I can't see it playing in 30s for more than a few hours this week and beyond.

    My POV. But I'll bet shares on it
 
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