Not sure what to make of the 1.2m traded today. Normally prefer to see price moving up on volume, but I guess the positive is that there was a buyer for over 1m shares without the seller destroying the market.
Let's hope for some positive news on debt funding. I am treating this as a seed capital play, with the next round of funding to come after debt has been sorted (i.e comments regarding re-IPO). PJ would almost be better to delist this and then have a fresh IPO. I think this company would be valued a lot higher if it were coming fresh to market. Too many stale holders at the moment.
- Forums
- ASX - By Stock
- volume
Not sure what to make of the 1.2m traded today. Normally prefer...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RES (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online