It's hard to believe that the massive volume of shares that have changed hands is all due to day traders. Especially when you get someone buying 10 million shares in one hit at 10.5c. The last stock that had anywhere near this trading volume was SDL on its run from 7c to 50c. It was only later in that run that Talbot Holdings popped up as a major holder. I do think the appearance of a major holder will legitimatise FDL and probably extend its share price run.
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
