FDL flinders diamonds limited

top of the asx in more ways than one

  1. 3,267 Posts.
    here's a few interesting statistics you might be interested in about today's trading that indicate why today was of such significance for flinders shareholders......

    1.yet another top of the asx in volume , 138 million shares.
    2.2nd highest trading volume after flinders was flinders options, 73 million shares.
    3.the total fdl value of $17.1m was higher than Qantas,Lend Lease,Brambles,Zinifex, Oxiana, ASX, Fosters, worley and AXA.
    4.even flinders options (FDLOA) had a higher trading value today than Amcor,Origin,Lion Nathan,Oil search , Mt Gibson,Boart,ERA,Flight Centre andAtlas Iron and was 4 times higher value than Murchison !
    5.flinders market cap is $116m
    6.the close was a record high at 12.5 c
    7.the low was higher by 1.9 c than last friday's.
    8.the high was higher by 1 c than last friday's
    the VWAP was higher by 1.85 c
    9.In the market depth there are 144m shares in the buy side and only 50 m in the sell side. A whopping 94 million difference of demand over supply.
    10.All this occurred on a day that the market only traded for 4 hours.

    I was a bit disappointed in the last hour and a half trading where it looked like a mexican stand off betwen the 12.5 buyers and the 13 c sellers, or everyone was out buying last minute party gear for tonight's new years eve parties......
    But on reviewing some of the data and comparing the facts and figures.....it was a pretty historic day for flinders after all and strengthens the market poition for the months ahead what ever that may bring.
    Wednesday'strading should be something to look forward to.
    Happy New Year to everyone, cheers Fatstocks.


 
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