FID 0.27% $7.45 fiducian group limited

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

  1. 277 Posts.
    lightbulb Created with Sketch. 46
    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.
 
watchlist Created with Sketch. Add FID (ASX) to my watchlist
(20min delay)
Last
$7.45
Change
-0.020(0.27%)
Mkt cap ! $234.5M
Open High Low Value Volume
$7.48 $7.51 $7.45 $113.4K 15.20K

Buyers (Bids)

No. Vol. Price($)
1 1010 $7.45
 

Sellers (Offers)

Price($) Vol. No.
$7.50 3415 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FID (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.