Hi Z,
My comment on the release of good news was predicated by the words strategic reasons, however I can certainly appreciate there would be quite a number of shareholders who would like some good news now.
It is probably a case right now of having a belief about what your own research on FML reveals, along with how you reckon your skill set is in picking the bottom, or near bottom for the SP.
In the coming weeks we will probably hear from those that traded down and re-entered the market at the right time, but rarely do you hear from those that got it wrong.
On the news front you probably need to consider what is due that FML virtually has to announce to the market as soon as results are known - things like drilling results, or JORC variations.
If it is any help, take the advice of others on this forum that went through the last GFC with FML.
cheers, kentwang
support levels, page-33
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $41.55M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $41.98K | 285.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93501 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 4618 | 1 |
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| Last trade - 14.41pm 26/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |