Feronia Inc. (FRN)


Large Production Order Motivates to Trade Feronia Inc (CVE:FRN) (PINK:FRNFF) May 11, 2011

Feronia Inc ( CVE:FRN ) (PINK:FRNFF) saw an increase in the trading activity after the company disclosed to have received a significant production order. On May 9, 2011 Feronia staid 756 thousand oil palm seeds were requested by a West African operator. This was the largest order the company has received to date. Trading was messed up despite the positivity of the news. Share price went up barely 5%, even though it took out the closest resistance at 60 cents. Trading volume was...read more