Yesterday I was in @ 7.2. When sp reached 7.6 I though it will hit 8c. But not much hope, so I was lucky out @ 7.5c. All others IO up but not FMS. Why? Cash will be lower, too many shares on issue (> 1.5bil shrs soon),big mistake by bying low grade of magnetite from MXR. Who is going to put big fund for FMS when it need? Will Chinese jump in by dealling with >bil shares of FMS? I dont think they will. Look at JRV, Chinese walked away.Why? JRV has too many shares on registry. In long term I think FMS sp will fall much further. It good for day traders, but not much hope for long term share holders.
I maybe wrong but good luck.
not much hope
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Last
86.0¢ |
Change
-0.010(1.15%) |
Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.0¢ | 86.0¢ | $3.837K | 4.462K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1291 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 87.0¢ | 1699 | 1 |
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| Last trade - 13.33pm 25/06/2024 (20 minute delay) ? |
| RHK (ASX) Chart |