Stockdr, the share price has dropped from 30c to 20c since ANZ announced they held 13.5 mill shares to sell. The way I look at it is that FSA is the same company re fundamentals its just 30% cheaper than it was 2 weeks ago. I think it is a screaming buy at 20c. One caveat with ANZ needing to sell 13.5 mill shares as of today’s announcement it is going to suppress the price until they can unload all the shares, they may achieve this is one go if they can find a buyer otherwise they will have to drip feed it out for months. If it is the later then you are not going to get a bounce in price for months and months to come. I still think it is a great buy but you will need to be prepared to be patient for a rebound in the price.
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Last
87.5¢ |
Change
-0.015(1.69%) |
Mkt cap ! $106.1M |
Open | High | Low | Value | Volume |
89.5¢ | 89.5¢ | 87.5¢ | $9 | 10 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3499 | 87.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 11776 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3499 | 0.875 |
3 | 3447 | 0.870 |
1 | 10169 | 0.860 |
1 | 7500 | 0.855 |
1 | 5970 | 0.835 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 11776 | 1 |
0.890 | 38987 | 1 |
0.895 | 19984 | 1 |
0.920 | 6000 | 1 |
0.925 | 57971 | 1 |
Last trade - 15.32pm 22/08/2024 (20 minute delay) ? |
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