If i had money i would be buying this again at 0.38 ~ plenty of scope for profit at that price IMO
In fact i think ill transfer some of my Super dollars into my super's transaction account...ready for a re-entry.
Did you buy back in SC? How does the Trading Halt/Capital raising affect your perspective of FKP?
Big hit today was a trading bot error. Can't do much against that! http://www.businessspectator.com.au...trades-pd20120830-XMSFW?OpenDocument&src=hp12
What are they talking about? The low of the day was the open match so has nothing to do with high frequency trading!
The high volume is due to the fact today FKP went ex-div on a jumbo sized capital raising.
And how on earth did ASIC "pick up more than a month ago" the funny trading in FKP today?!
It would be nice if the reporter can get some facts right, or at least make the non-facts a coherent story.
Ouch big hit today and also now a new 52 week low. Just curious as to how many of you have lost money on this stock? Would be interesting to see any people admit their losers rather than talk about their winners all the time.
What are they talking about? The low of the day was the open match so has nothing to do with high frequency trading!
The high volume is due to the fact today FKP went ex-entitlement on a jumbo sized capital raising.
The best news here is that Peter Brown is departing and (hopefully) new management will give this some oomph!
Right now FKP is been controlled by the bot traders. I expect this to be the case into Christmas. Hopefully then it can get close to the 30c mark.
Porty
I just bought 25000 shares at 0.23 for my super fund...the market of course will do what ever it will but i just cant see it going much lower even though a few trades have gone thru at 0.225.
FKP trade #2 for my super fund, following my (LCEAA) Low Cost Entry And Averaging strategy.
+100.would definitely be wanting that trend to reverse first
Just when I thought it might be safe to take a small stake in FKP with a view to the longer term, it managed to drop another 10%.
View attachment 49687
Maybe later when some stability has returned to the sector, etc etc.
It is a screaming buy now, a total no brainer, one comes along every month of so and for me this is the simplest one at the moment....an absolute lock with dividend 2 months away.
Of course i have no money.
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