Hi Instocks,
There would be a lot of traders who bought in early on in the piece. Many i would suggest have played it up and down like a Yo-Yo over the last couple of months.
The difference now is its starting to get to the business end of the stock. They don't want to be short in case it should run which it has a couple of times in the past. Also, we don't know yet who are the main players. There are obviously a couple lurking.
Regarding the options, there is usually a .055 - .06 between FDL & FDLOA. Atm, the difference is close too .07 which means either FDL is getting a head of itself a bit, or FDLOA is currently undervalued. If you were just aiming for a trade, i suppose FDL would be the better of the two simply because of how liquid it is ATM on a daily basis.
To me this shows that alot of holders do not want to miss the next run. Therefore they stack the sell side. As well, you have a few who also like to stack the buy side.
I only have FDLOA atm.
At the right time i might switch.
Cheers markco2
- Forums
- ASX - By Stock
- FDL
- strength
FDL
flinders diamonds limited
strength, page-5
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.