FGE 0.00% 91.5¢ forge group limited

the fun is over

  1. 10,372 Posts.
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    The day traders have had their little play with this stock and in the absence of any "spectacular" news FGE will just hover around the $1.00 - $1.10.

    The lack of interest from the day trade "scalpers" is evident from the daily turnover volume:

    14th Jan 15.1mio shares
    15th Jan 5.2mio shares
    16th Jan 2.4mio shares

    and today

    just 1.3 mio shares

    Those still holding in expectation of a higher price will probably be holding for quite a while. Arguably, they may do better to get out now and put their money in to a stock that has a far clearer future.


 
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Currently unlisted public company.

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