FBR 0.00% 2.4¢ fbr ltd

I can’t say I have ever seen much evidence when posters roll out...

  1. 163 Posts.
    lightbulb Created with Sketch. 17
    I can’t say I have ever seen much evidence when posters roll out the “engineered sell off” conspiracies.
    It is probably a lot more basic than you would like to think. If the market price declines, that can trigger stop loss, it can trigger nervous holders who want to lock in a profit, fewer buyers means the price goes down. That’s all that happens here IMO. There had to be quite a few new shareholders jumping in during this latest tid-bit of news, some buying the story up to 10.5c. All buyers would be losers above 0.065 so far. If there is another news story to come out in the near term, 6c might hold.
    But if not, a long steady grind back to 2c or less should eventuate.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $106.6M
Open High Low Value Volume
2.5¢ 2.5¢ 2.3¢ $110.7K 4.575M

Buyers (Bids)

No. Vol. Price($)
34 7238380 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 692096 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.