Great message - thanks for sharing. 100% agree. The only thing I would add is that in addition to entering once the stock is more proven, consider entering only when the risk/reward balance is in your favor. At a current market cap of $100m at 9.5c, there is still too much success factored in and so the risk/reward balance is skewed towards risk. If however, the stock was to continue to fall towards 5 cents, which looks likely from a technical perspective, then perhaps the risk-reward balance changes. At 5 cents we would have a market cap of c.$50m and given FBR have $35m cash in hand, this is a more appropriate market cap for a highly speculative stock such as this. A share price of 3.5c would mean market cap = assets, and thus 3.5c should be a floor for the share price. I.e. at 3.5c, no success is factored in. I won't consider entering until we get to 5c levels, unless the fundamentals change (i.e. emergence of profits).
- Forums
- ASX - By Stock
- FBR
- Beware the Whisper Stock
Beware the Whisper Stock
-
Share
Last edited by Boz2112: 03/01/19 - There are more pages in this discussion • 123 more messages in this thread...
Featured News
Add FBR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.0M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $19.04K | 755.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1797438 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 2500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1796358 | 0.024 |
4 | 1143521 | 0.023 |
5 | 813225 | 0.022 |
9 | 1868815 | 0.021 |
15 | 2274346 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 2500000 | 1 |
0.026 | 1899570 | 7 |
0.027 | 3501932 | 9 |
0.028 | 4017864 | 6 |
0.029 | 1185337 | 4 |
Last trade - 15.55pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
2.4¢ |
  |
Change
0.000 ( 7.69 %) |
|||
Open | High | Low | Volume | ||
2.5¢ | 2.6¢ | 2.4¢ | 707625 | ||
Last updated 15.53pm 03/05/2024 ? |
Featured News
FBR (ASX) Chart |