Over 200M shares churned since the 13/3. Interestingly it took the last 4 x low supply sessions for the buyers to swoop in and for the reversal to commence.
Clear to me that some of the placement holders at 1.22 sold at higher levels but weren't happy to stay out very long and after swooping up some of the capitulated shares the offscreen buying has commenced.
Expecting some consolidation around these levels but believe that with the right deals, the amount of cash we have on hand and BCG on board a 40M MC is very achievable MT.
FGF Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
