Posters have complained for some time, understandably, that the SP has not moved with POG. It is clear that until FML come out of the cloud of the TO, their will be no positive moves. POG does need to continue to rise along it's historical trend curve, but it is clear the market lacks confidence in this stock. We can try to predict what will happen, as will the experts, but the number of factors at play is complex, and at the end of the day, it is not so much in the short term about fundamentals, production or what might happen in the future, it is about market confidence.
Until the market believes in FML, SP will go nowhere. FML'ers know what needs to happen: TO completed, drilling results on TI released, etc.
Further announcements following completion of TO may now be further delayed, unless some positive signs in POG...this is the way I see it. I would welcome any other comments or alternative beliefs
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Last
14.0¢ |
Change
-0.025(15.2%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $34.69K | 242.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 132799 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 4616 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 132799 | 0.140 |
1 | 7400 | 0.135 |
4 | 135286 | 0.130 |
2 | 25576 | 0.125 |
2 | 90833 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 4616 | 1 |
0.170 | 111060 | 3 |
0.175 | 11067 | 2 |
0.185 | 8430 | 1 |
0.190 | 7548 | 1 |
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