Long-time FELwatcher here – At 0.034 the opportunity looks good at the moment with itscurrent SP offering great value.
The risk is totallyacceptable imho, otherwise the SP would be significantly higher and less value.
I like thedirection and re-investment shown in the Qtrly cashflow and activities report.I'm kinda meh about the name change but it’s not really a factor.
My assessment hasFEL bouncing around 3c for a while before it heads back up after the AGM andnext batch delivery. Sure it’s a risk but the opportunity for significant longterm growth looks way too good to pass up at current value. Great time to loadup.
Thoughts?
I’ve noticed mostof the negativity in other FEL threads stem from a couple of guys who have apretty obvious agenda and have apparently stifled any meaningful commentary.
FEL AGM, 24 Nov 21, and beyond
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $18.69M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $43.42K | 3.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 292096 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2977687 | 3 |
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| CUF (ASX) Chart |