FCN will start to make real gains over the next few days. FCN have a busy schedule with investors over the next week. Bottom line is the management simply wants their share price as high as possible for share holders....
I am informed they have plenty of money in the bank, are not doing a capital raising (ie can meet WMR expenditure requirements) , the road show is just educating the investment community as to what they have.
The larger Australian investors and the OS investors will start accumulating this week. 2 reasons, The project seems sound and at this point looks world class (Australia is a good place to have a resource project) 2. Some one may buy FCN out. PGE's are very important at the moment considering the BEE situation in Africa and declining production of these essential metals.
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Open | High | Low | Value | Volume |
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4 | 264090 | 0.190 |
1 | 24999 | 0.185 |
2 | 75000 | 0.180 |
1 | 25000 | 0.175 |
Price($) | Vol. | No. |
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0.210 | 4964 | 1 |
0.215 | 15542 | 1 |
0.230 | 32576 | 2 |
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