I'm back from 3 weeks holiday and after no TV, newspapers, limited radio and internet use for 3 weeks I must say it clears the mind and puts you at ease.
I checked FNT share price daily and not once did I get unsettled or excited.
Chief IMO you are spot on the low volume is a reflection of buyers and sellers waiting for news from PNG, whether that be JV's or Andewa. Also it is the season for doing little as far as ASX trading is concerned.
The sellers that are in the market are traders you know little about FNT or what it has to offer long term holders.
I suspect we will see no news until next week, at the earliest IMO. And after reading the threads on the trip to PNG I suspect that good news will push FNT into the takeover territory, which is my least preferred SP kicker.
I'm back from 3 weeks holiday and after no TV, newspapers,...
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $47.47K | 13.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 59 | 57726829 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 11347359 | 12 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LNR (ASX) Chart |