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
Add FLN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.5¢ | 18.0¢ | $7.065K | 37.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 94652 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 15794 | 1 |
View Market Depth
| Last trade - 14.15pm 02/10/2024 (20 minute delay) ? |
| FLN (ASX) Chart |