FPR 1.95% $3.01 fleetpartners group limited

Hi arjay,How ridiculous, the share price only last Monday was...

  1. 483 Posts.
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    Hi arjay,

    How ridiculous, the share price only last Monday was $1.88 and now $0.65 (a fall of 65%).

    We bought at 86 cents, 75 cents and even 67 cents today and yet the price has fallen below those prices. So whilst we are feeling downcast, we do feel sympathetic to those who bought before the profit downgrade. Those investors must think how will ECX ever recover back to $1.88?

    Some say, the faster they fall they faster they recover but we must be patient and wait and see. What bothers us is that the sellers do not often show up on the sell side in the trades but appear up of notwhere to dump their shares and therefore, depress the share price of ECX very quickly.
    With already 4 down days in a row, surely tomorrow there will be some green, we believe and we are optimistic that it can be green tomorrow.

    Cheerio,
    Isdhope
 
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