As much as it would be nice to see their level of confidence confirmed by buying on market, I am mindful of limitations surrounding price sensitive information and insider trading.
FLC has a lot in the pipeline which could cause a re-rate at anytime....China, South Africa, North Africa etc
So buying on market would actually be a negative signal for me because IMO it likely means nothing price sensitive is going to be released in the near future. I would much prefer news of contracts (price sensitive information) than directors and management buying on market at the moment. How would it be if they bought a million shares this week and closed the 100M African contract next week? We will be looking for new management because the current ones will be in prison.
Let them do their job or file a complaint with ASIC for manipulation if you have the evidence to support.
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Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $124.3M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.5¢ | $592 | 5.121K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 104 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 59636 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 104 | 0.120 |
5 | 301923 | 0.115 |
4 | 292077 | 0.110 |
2 | 240000 | 0.100 |
1 | 10111 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 50666 | 1 |
0.130 | 52636 | 2 |
0.135 | 50000 | 1 |
0.140 | 168092 | 5 |
0.145 | 220000 | 4 |
Last trade - 11.30am 25/07/2024 (20 minute delay) ? |
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FLC (ASX) Chart |