Hi Damo26,
I agree with you 'Sellers will regret'. I am not a day trader or a professional trader, but one thing true about me, i am a metallurgist. From what i have read from HC and FMS announcements as well as my own research, i believe FMS is well undervalued.
This is why i bought 500,000 shares believing re-rating should happen just the matter of time (hopefully sooner rather than later). Having a saleable ore grade and sizeable ore bodies are important considerations to shareholders. However, What re-rates a company will be its ability to ship the ore to the customers.
FMS has the saleable ore and lots of it, as well as existing railway infrastructure that is less than 20km away.
Cheers and Goodluck for all holders.
Hi Damo26,I agree with you 'Sellers will regret'. I am not a day...
Add RHK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M | |||
| Open | High | Low | Value | Volume |
| 87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1795 | 87.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |