FGR
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1.03% 4.9¢ first graphene limited

An interesting blog from Graeme Newling on Friday. Graeme Newing...

  1. Fadillah
    33 Posts.
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    13/06/16
    09:37
    Post #: 18019044
    An interesting blog from Graeme Newling on Friday.
    Graeme Newing

    BSc (Hons 1) Mineral Technology, Otago 1973 Almost 30 years as a securities analyst in Australia with various stockbrokers.
    www.newingonstocks.com

    Repurchase of FGR
    Friday 10 June
    Today I repurchased at 10.5¢ the FGR shares I had sold at 8.5¢ three or four weeks ago. I had thought at the time that the shares had broken key short term support but I subsequently drew another line which suggested the support did not break after all. Duh! One of these days I will get this one right. I love the story but to reduce my risk, the chart has to be my prime input. It’s just that sometimes I misread the signal or it is not clear enough.
    I show the daily chart below. I probably should have waited for a break of the resistance at 12¢, but got impatient. Upon such a breakout, of course, it’s an 8 bagger, and the fundamentals suggest this could indeed occur, all going well. We will see.
    FGR Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
4.9¢ 		Change
0.001(1.03%) 		Mkt cap ! $32.30M
Open High Low Value Volume
4.6¢ 4.9¢ 4.6¢ $12.57K 268.2K

Buyers (Bids)

No. Vol. Price($)
2 537 4.9¢
 

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Price($) Vol. No.
5.0¢ 23021 3
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FGR (ASX) Chart
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