Have a look at FZO guys. Share issue at 50c. No bad news, yet stock got driven down to 26c. A couple of good announcements and it rose back up to 47c today (temporarily).. While I think the SW1 performance shares are not a good look and mask the true expenses for the year, these probably aren't to be repeated. I believe there's some manipulation at play here.. Having said that, I sold out at break even on the announcement the other day purely based on the share price action being similar to FZO.. I wouldn't be surprised if this goes back to 20c for one day before it rebounds. Keep some cash handy just in case.
Have a look at FZO guys. Share issue at 50c. No bad news, yet...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.810M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 212896 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 200000 | 1 |
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| Last trade - 16.12pm 29/11/2024 (20 minute delay) ? |
| SW1 (ASX) Chart |
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