Australian (ASX) Stock Market Forum

RHK - Red Hawk Mining

Re: FDL - Flinders Diamonds

absolutely unbelievable!
once in a lifetime stock
buy orders in at the top of the queue for 30cents!
Don't know too much about shares but is that where it'll open.
 
Re: FDL - Flinders Diamonds

Morning all
thats right prospector
Good luck to holders this morning alot of upward movement yesterday hopefully we will see more today

Be careful of the Gap UP and Trade DOWN syndrome early morning...

Bugger 100 word/letter restriction has prohibbited me from posting this b4 market opens.

SevenFX
 
Re: FDL - Flinders Diamonds

absolutely unbelievable!
once in a lifetime stock
buy orders in at the top of the queue for 30cents!
Don't know too much about shares but is that where it'll open.

no...an explanation of how price matching works is at the ASX website. It won't open at the highest bid, nor the lowest sell.
 
Re: FDL - Flinders Diamonds

Well has anyone come up with what they think is the true value of FDL right now???

It would be very interesting to hear comments??
 
Re: FDL - Flinders Diamonds

Nevawake,

You are just as capable as anyone else of doing a few calculations. There is no point just posting questions and hoping for answers.

If you do have a questions on how to value companies perhaps that is one for the Beginners Lounge.

EDIT - if you want to ask questions why not post some of your analysis for comparison
 
Re: FDL - Flinders Diamonds

I think its about to go off the boil. Look at the change in market depth. Almost even now. Crazy share. Once in a lifetime though.
 
Re: FDL - Flinders Diamonds

Prospector Good Hold Again.

As FDL seems to be also holding above yesterdays highs

Opps took a hammering and making its way back up again as confidence is restored.

SevenFX
 
Re: FDL - Flinders Diamonds

looks like everyone who has the slightest incling of a trading bone in their body is and has traded this in the last 24hrs
other than those who don`t gamble:eek:
 
Re: FDL - Flinders Diamonds

Nevawake,

You are just as capable as anyone else of doing a few calculations. There is no point just posting questions and hoping for answers.

If you do have a questions on how to value companies perhaps that is one for the Beginners Lounge.

EDIT - if you want to ask questions why not post some of your analysis for comparison

that's a bit harsh! what's wrong with asking the question? this stock has attracted a lot of interest and maybe the poster doesn't have the skills to attempt to value it (don't know if anybody does at this point in time). What's a forum if we can't ask reasonable questions?
 
Re: FDL - Flinders Diamonds

In at 7.5 yesterday. sold 50% at 12 this morning.

happy to let the rest ride. just in case it actually isnt bullcrap.
 
Re: FDL - Flinders Diamonds

Well has anyone come up with what they think is the true value of FDL right now???

It would be very interesting to hear comments??

Stay behind the baracade and you wont get shot
:shoot: :couch:

Yt put 5 cents on the "target"
I put 5 cents on the early stage involvement with fmg
thus putting the market cap at 100 milliion or 10 cents at this stage of the game. Just my opinion :)
 
Re: FDL - Flinders Diamonds

that's a bit harsh! what's wrong with asking the question? this stock has attracted a lot of interest and maybe the poster doesn't have the skills to attempt to value it (don't know if anybody does at this point in time). What's a forum if we can't ask reasonable questions?
Probably a fair point under the circumstances, but the Mods are trying to keep a sence of decorum which is difficult when this type of event materialises. I've seen it many times when beginners get interested after the horse has bolted only to see the day traders dump their shares leaving them holding a parcel of doo doo. I think that might be the point here. Plus, it may have been encouragement for a new investor to attempt their own reseacrh with the information presented. Thanks to those adding some 'valuations' on the information available. Still pretty spec don't you think?? Cheers.
 
Re: FDL - Flinders Diamonds

kennas, if every stock we held ran like this based on a geo's theory and without drilling, we would all be millionaires! :p: It was probably excessively cheap 2 days ago, but to go up 15 fold without a hole being drilled, hmmm.....rarely is potential alone jumped on like this. Not to say it isn't worth a lot more, but a lot needs to be proven up in the meantime. Must be the FMG halo effect...the benchmark now (it used to be "the next PDN", now it's "the next FMG"). Cheers.
 
Re: FDL - Flinders Diamonds

The price of this is ridiculous with a market cap of 116 million and only really well, ' we could have a resource if we did some drilling':cool:
Brm have a resource of 43 million tons and market cap of 96 mill
Surely this is a high risk buy at the moment
Just my opinion
 
Re: FDL - Flinders Diamonds

it should be valued by what it's got. when FMG announced 1 bnt new deposit, its price went up several dollars. FDL found 500 mnt. how much should it be? anyone with any suggestion?
 
Re: FDL - Flinders Diamonds

it should be valued by what it's got. when FMG announced 1 bnt new deposit, its price went up several dollars. FDL found 500 mnt. how much should it be? anyone with any suggestion?

Im not sure i follow you here Yang.

Can you please tell me what you mean by "FDL found 500mt"? My understanding is they are only TARGETING 300mt and havent even detailed a drilling program yet.

A bit the same as me saying i am going to target 100mt in my backyard and then getting the shovel out imo :D
 
Re: FDL - Flinders Diamonds

it should be valued by what it's got. when FMG announced 1 bnt new deposit, its price went up several dollars. FDL found 500 mnt. how much should it be? anyone with any suggestion?

It should be remembered that this is not a proven resource (jorc compliant)
Were did you 500mt from ? Its a 325 to 390 million tonne TARGET
my moneys safely in the bank thanks
I ll be watching for the retrace from here
 
Re: FDL - Flinders Diamonds

Yes, in regard to above, FMG have been drilling for yonks to come up with the JORC. FDL haven't lifted a shovel yet have they.

Need to keep some perspective here.

It seems like their ground may have excellent potential, but it will be months before we know if they have anything there.

At the moment, I suspect much of the volume is traders, so be prepared for when the music stops.

Good luck to those who ride it...

That's not to say they may come up with some iron one day.
 
Re: FDL - Flinders Diamonds

About 5 of my stocks are set to deliver 10 fold returns today, based on prospective theoretical targets and no drilling. I can't wait.

That strange my stock (SAU) announced actually finding gold and the stocks price fell, are you sure about this theory? :)
 
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