FDR finder energy holdings limited

Maybe ASX should look at the liquidity and float of a company...

  1. 4,299 Posts.
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    Maybe ASX should look at the liquidity and float of a company before sending out these queries

    - 155m shares on issue, 50% of which are escrowed, millions of shares held my steady hands like me also
    - 9 oil & gas prospects of which 5 are at farm out readiness in Tier 1 jurisdictions, all while the world is in an energy crisis
    - $10m cash at bank
    - a chart consolidating since June

    Any spark of buying would set this thing moving. If this was an older code and not a 2022 IPO it would probably be valued at $30m+ already

    Always interesting that ASX never send out queries on the way down like May 27th’s 20c to 11c drop

    GLTA
 
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