Some more large bids appearing this afternoon, worth about $715k. Interesting to see how genuine the numbers are, but last time we saw another large buyer put in similar bids below the current SP, the SP dropped and picked up the numbers. Personally, I would be very disappointed to see FML dip as low as 3.2. Depressing also when Nortons, who last FY produced 152,000 oz closed today at 25.5c. Yes, they are a different operation, but with $51m in long term debt, a CR with Zijin of $20m in Dec 2011 (used to repay $71m of debt), high operating cost, etc. I just wonder when we are going to see FML with a similar SP. I understand from some of CW's posts that management are apparently on track, but the lack of communication overall is quite disheartening.
Looking forward to some very strong announcements in coming months (including the qurtly)to alleviate my current feelings of disappointment.
SH
another big buyer?
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Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 132799 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4616 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |