AO
Fertoz needs to get some press.
Appears the broader market doesn’t know about this share and being tightly held restricts liquidity however at 18 cents plus the sellers are emerging. As for the orderly market I have always questioned this concept.
Seems to me a regulatory endorsement for volume brokers like Commsec to get more trades rather than let the market decide on pricing. The commercial interpretation of an orderly market for volume brokers seems to keep the price as low as possible for as long as possible. We will always walk and never run.
Your comment on Fertoz’s orderly market are spot on, what would the price be if the burden of the orderly market was removed?
Maybe tomorrow's 11am will provide some light but suspect it is more about a sales performance update and a new agreement or two.
Agreed that market visibility and market liquidity are both low but for now so long as the cash-flow position is continually improving in to a + position and the general strategy direction is right I am ok with it.
The speed of the share price growth must frustrate some who got in around the 50 cent mark though.
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