Looking at FNTO, it appears they are a great buy at current prices - assuming of course that FNT heads can hold their current price level.
By my calcs you are looking at paying approx. nothing for the time value - approx. 9mths.
There is some interesting announcements to come between now and then (most notably the JV announcement), so IMO there is every chance we could see another jump in value for FNT.
My take is one of 2 things are probably happening:
1. traders are unaware of FNTO
2. traders are unsure FNT can hold the 7.5-8c plus range
not sure which is the case, but on a short-term basis there could be some good returns on FNTO if FNT can hold its recent gains.
Just MO,
Cheers,
Split
Looking at FNTO, it appears they are a great buy at current...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.688K | 562.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1463509 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 26817775 | 34 |
View Market Depth
| Last trade - 10.05am 14/11/2024 (20 minute delay) ? |
| LNR (ASX) Chart |