NiceOne,
The problem we're facing here is that FMS's market Cap is mainly based on hype and speculation, the cash assets are minimal.
As long as there's no economic, "non-conceptual" resource FMS could get smashed as happenend to a lot of other stocks which are trading close to NTA or cash assets. FMS cash assets are close to 10% of its actual market cap, so think about a possible outcome in that regard. Just a matter of market sentiment changing in favor of FMS or not.
Over the past couple of days you were able to see people selling out because they lost their confidence in the "conceptual resource" and in the management.
A lot of people in here keep proclaiming a 500mt , a1 bt resource or 1$ at Xmas without even taking into account any downside risk. Pretty one-eyed, don't you think ?
No doubt a lot of ppl leave Hotcopper being brainwashed after reading all this nonsense. It's in the best interest of those ppl to give them some objective views.
Cheers
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NiceOne,The problem we're facing here is that FMS's market Cap...
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Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $175.8M |
Open | High | Low | Value | Volume |
88.5¢ | 88.5¢ | 88.0¢ | $2.152K | 2.443K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1978 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.5¢ | 602 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1978 | 0.870 |
1 | 5753 | 0.860 |
1 | 882 | 0.850 |
1 | 10000 | 0.840 |
1 | 15 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.885 | 602 | 1 |
0.890 | 22368 | 2 |
0.910 | 20000 | 1 |
0.920 | 31496 | 1 |
0.950 | 8667 | 1 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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