It is very obvious that you are very new to the FLN business michelred. What you are saying about $ stock traded per day is factually true. Except that it has ALWAYS been like that since 2015. FLN has never been a very liquid stock as the owners are holding almost 80% of the company.
So your conclusion of "FLN's core business failed" based on the volume traded per day is just utter ignorance.
Sanctions, page-21
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $90.18M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.5¢ | 19.0¢ | $1.359K | 7.092K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 864 | 1 |
View Market Depth
| Last trade - 15.57pm 24/06/2024 (20 minute delay) ? |
| FLN (ASX) Chart |