FDL flinders diamonds limited

cheap options, page-2

  1. 3,267 Posts.
    Cbro,
    I agree, quite extraordinary.
    They normally trade around 7 to 8c when the heads are around 14.5 and with 6.5 million at 14c the support base for Flinders has swung on the positive for the days till the samples and drilling announcements. I think the last month or two with the lower head prices had lost the momentum but the volumes on buy versus sell look to be changing longer term. A few days a continuous data similar today should see the confidence in the oppies return. Well and truly in the money on these buy volumes stacking up....noticed buyers at 14.5c now, looking the goods back to 16c heads near term.
 
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