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3.4¢ first graphene limited

Ann: Strong Improvement in Vein Graphite Mining Rates, page-14

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Timetotrade

8,483 Posts.

242

26/03/18

18:06

Post #: 32034781
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Originally posted by drchips ↑

There's a hidden gem in this announcement, something really significant but not really in the words.

People have felt that FGR has a habit of pushing announcements out before a CR and then going silent once money is in the bank.

Here, we have a -HUGE- announcement, the one people (including me) have been patiently/impatiently waiting for since prior to the FGROB expiry.

And it has come directly after a significant CR, while there is no need to increase working capital.

This, to me, is more important than the contents of the ann itself.

Adding to this, I feel Craig has listened to the criticism regarding setting unrealistic timeframes and falling short. It's great to see a projection of ramping up over the next 15 months, not the next 3.

Honestly, 15 months makes me far happier because it's believable. While 3 months would sound so exciting, I would be thinking 'oh damn, here we go again with the missed targets'.

This is a big day.

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Why does the Company continue to release positive announcements at the end of the day after the market has closed. It is well proven that good announcements should be released prior to opening or within the first hour.

FGR Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.4¢		Change 0.000(0.00%)		Mkt cap ! $22.77M

Open	High	Low	Value	Volume
3.2¢	3.4¢	3.1¢	$4.268K	136.3K

Buyers (Bids)

No.	Vol.	Price($)
1	140393	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	2557	1

View Market Depth

No.	Vol.	Price($)
1	140393	0.031
4	533300	0.030
1	25000	0.025
2	72394	0.023
1	118000	0.022

Price($)	Vol.	No.
0.034	2557	1
0.035	320099	4
0.038	43162	1
0.039	20000	1
0.040	172159	1

Last trade - 13.53pm 19/11/2024 (20 minute delay)

FGR (ASX) Chart