....agreed. Something about this rally feels a bit different-a bit more volume and substance to it. Yes, there are sellers, but unless you have been following this stock for a long time, those that bought recently above 50c could well be looking to get out after the capital raising, which when announced saw them immediately in the red.
Lets be reasonable here-4 days ago we were trading at 43.5c with many on here predicting a move into the high 30's/low 40's once the SPP was done. I am pleased to take a rise of more than 10% in 3 days anytime.
FLC Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
