I believe that the current slide in the sp is the result of traders realising that any potential 'great' news will not ocurr (eg TI) until at least early 2011. They will jump on again (and off) once there is a change in momentum. This process will repeat unil FML attracts some solid instro buying. This will only occur with a substantial increase in reserves and a lower cash cost (or increased POG), down into the mid 600s.
I believe that the current slide in the sp is the result of...
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $12.79K | 91.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60148 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14983 | 1 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |