Hi, Not sure if the increase in T20 holding holds any meaning. If it is an increase in nominee company holdings, then it doesnt mean much as some nominee companies are just holdings on behalf of others. If the increase is in individual holdings or known major shareholders then it would have more meaning.
Yesterdays price action was surprising.......stock prices dont need announcement to make them move, as sometimes institutional positions are built on the overall perception of a company rather the individual announcements, so was pleased on the increased volume and price increase on Tuesday. Hope springs eternal! But yesterday undid that with almost twice the volume -albeit 550,000 being in one XT at close. Still not a good look.
So we continue to hope that FLC gets recognised by the bigger end of town as a great investment.
We think it is, but ..............................
FLC Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)