Yes, the FDL buyers are stacking up at support .024.
A large proportion of the total shares on issue have now changed hands, including the FDLOA's. Now volume has slowed to a point of balance where neither side is willing to get too aggressive.
Time is slowly running out for those wanting to take a position before the bulk sampling starts next month.
Any hint of success is likely to trigger an "ALL IN" grab for cheap stock... which could catapult the shareprice beyond its recent .041 level.
While there will be profit takers they may hold their breath for a few days to see how high it goes...
Both fundamentally and technically speaking, this one has hit the Radar screens with a big bleep! .. it's shareprice now uptrending (on moving day average basis). When chartists using charting packages to find such opportunities get to see it on 'alert' it may go even further imo.
FDL's latest report a couple of days ago to the ASX includes a great presentation of current and background information - research material well worth reading.
FDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
