The FNT SP certainly looks like very good buying at these levels. Having said this, just because the SP of a stock is low does not necessarily mean it is a good investment.
In FNT‘s case however, if the impending metallurgical analysis is very positive, which I believe it will be, IMHO this will significantly de-risk Gascoyne and I therefore believe that investors will start to treat FNT much more seriously.
Cheers.
Metallurgical test work, page-43
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $9.775M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $194.8K | 34.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 18360240 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 12542718 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
-0.001 ( 16.7 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.5¢ | 18685607 | ||
| Last updated 15.31pm 03/05/2024 ? | |||||
| LNR (ASX) Chart |