It's only risky if you want your money back in a relatively short timeframe.
All the negative comments I bet are from investors who don't hold stocks for more than three to four months (maybe less).
I agree with Charles Bold here - this is about as safe as you can get for a small cap on the ASX at the moment, IF you don't plan to sell your shares for a few years.
It would be good if someone knew how to merge the EMC chart with the FLC chart so we could see the longer term trend (granted it is now an entirely different company, but I bet there are a few among us who have held since day 1).
Chart, page-1284
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.0M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $1.378K | 13.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54138 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 43216 | 1 |
View Market Depth
| Last trade - 15.42pm 09/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |