FFM 2.82% 69.0¢ firefly metals ltd

It is not often that we can find opportunities where a stock can...

  1. 708 Posts.
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    It is not often that we can find opportunities where a stock can be as undervalue as ffm is right now. Imagine we have got 2 projects with metal in the ground worth over 10 billion dollars yet the stock is priced at just 190 million. It is prices as if this 2 projects are not going to be ever monetise. Imagine the infrastructure alone in green bay is worth more than the market cap of this company.. What is more irrational is that the grade in both of this projects is something to die for compare to most copper and gold mines Hence for me this is opportunity that I should be grabbing with both hands. And the best time to grab it is when the price trend is beginning to change which is the case. Below is the update of the daily chart
    https://hotcopper.com.au/data/attachments/5985/5985948-79af9c23ebcb6e2884bf155a9548b755.jpg
    https://hotcopper.com.au/data/attachments/5985/5985949-3f548d79dcd7fd24228231d27fc7d73c.jpg


 
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Last
69.0¢
Change
-0.020(2.82%)
Mkt cap ! $331.3M
Open High Low Value Volume
70.0¢ 70.0¢ 68.0¢ $1.098M 1.593M

Buyers (Bids)

No. Vol. Price($)
4 10022 69.0¢
 

Sellers (Offers)

Price($) Vol. No.
71.0¢ 12500 1
View Market Depth
Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
Last
68.5¢
  Change
-0.020 ( 3.63 %)
Open High Low Volume
70.0¢ 70.0¢ 68.0¢ 360856
Last updated 15.59pm 05/06/2024 ?
FFM (ASX) Chart
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