Well it looks like the chartists might be right... FGL finding some support but has failed to rally... one or two more days at these levels could prompt new recent lows.
I hold based on solid fundamentals + already reported solid cashflow numbers.
Also looking to pick some cheap call options, 5.50 strike, 6-12 months expiry.
Cheers,
Munch.
Fosters in a Downtrend
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 (20min delay)
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $1.612M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $20.88K | 2.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1225905 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 173588 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2022 (20 minute delay) ? |
| FGL (ASX) Chart |