Some of the reasons for SP held back are:
. Too many shares issued, insto's usually have rules that stop them buying into shares less than a $1
. FML is a plaything for day traders & possibly BOT's (again because of its low SP & high vol of issued shares)
ie the above is a deterrent for medium/long term investors
. As AUD gains against USD, then company earnings go down therefore EPS goes down
ie the ideal climate for FML is rising GP & falling AUD
Some of the reasons for SP held back are:. Too many shares...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $1.985K | 13.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 158297 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 12500 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |