FID 0.25% $8.18 fiducian group limited

With such low volumes traded it poorly reflects the true market...

  1. 283 Posts.
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    With such low volumes traded it poorly reflects the true market value. A small trade today at $1.98 (probably to complete a sell order) suggested a falling share price. The reality is that until there are credible volumes traded we won't get a true appreciation of how the market values the stock.

    That's why daily volumes are an important indicator. Certainly with a very low projected P/E, an increasing NPAT and a very generous fully franked dividend in a company whose only negative it is a small cap. I have little doubt that give this stock a couple of years we should be able to reflect that this has been a very tidy investment.
 
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