A lot of buyers have arrived but a huge resistance at 0.140
If that gets smashed today, the news will be looking very good for tomorrow!
FMS have traditionally never really arrived with super suprising news, they are one of the few companies that does tend to telegraph well in advance anything that might provide a big upside...
I do believe they are currently undervalued compared to their peers and I would expect some appreciation in price, especially if the DSO fast track option is looking viable.
Fundamentally they are surrounded by many larger players (and future infrastructure) who are all scrambling for higher shipping volumes while the iron ore price is high, so mine gate sales is a distinct possibility.
My average buy price is 0.067 (+101.5%)
buy side building, page-22
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Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | 74.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 4936 | 2 |
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| Last trade - 07.00am 15/08/2024 (20 minute delay) ? |
| RHK (ASX) Chart |
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