Yesterday's FDL price rise on high volume accumulation also attracted the ASX's eyes - and they queried FDL about it ... today, despite FDL's assurance that there is no new news, there is still steady trading in FDL and FDLOA. The company related that they have brought forward their diamond exploration program, having obtained successful results from earlier testing...could be interesting if they get a good substantiated find.... personally, I am sceptical of diamond stocks. ... but then it may change its being too....as the saying goes... where there's smoke there may be fire...price and volume are often good indicators of trading activity - watching closely tho. Does anyone else have any news on this one?
FDL
flinders diamonds limited
