here is another thought................is it possible that the mkt is turning against small producers on the chance they may not be profitable in a high cost oil environment? Could check to see how other small producers have gone the last few days. FML is certainly not the only Au company to see falls today though...........AVO is down 6%, IGR and LGL are off 3%, St Barbara off 2.5%. But 7.5% off for FML does look brutal.
possible explanation, page-13
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Last
12.5¢ |
Change
-0.010(7.41%) |
Mkt cap ! $35.81M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $7.143K | 57.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 165050 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 90000 | 1 |
View Market Depth
| Last trade - 10.26am 30/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |