Hi Wiz,
Opportunity cost is a term that has been thrown around fairly regularly of late particularly when it comes to FLC, I would much rather be in FLC at these prices than some of those stocks that have run >1000%, such as the lithium stocks, cobalt stocks, med cannabis stocks and block chain stocks, because when they turn down I assure you the down side is far greater in those frothy stocks than FLC at 50c.
Remember FLC is a real company with real revenues on a path to profitability hopefully within 12 months or so.
There will be some really huge catalysts coming out this year and if FLC can start nailing them then the upside from 50c is very very attractive... and all those traders that bought into the euphoria of all those other stocks will be saying I wish I bought into FLC at 50c....
cheers
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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 |