Since news broke about an American company investing in FTN Cocoa the share price has found a new attraction and this is now reflecting in its price. It’s funny how a stock suddenly gains prominence after being in the cooler for years with little or no activity. FTN Cocoa has now gained 20% in since Friday 5th September when the news broke and it appears it may just be edging up higher. Just check out activities around the stock in the last few days
| Share Trading History (Previous 10 trading days) | |||||||||
| Date | Open | High | Low | Close | Chg | % Chg | Vol | Value | Deals |
| 08 Sep, 2014 | 0.54 | 0.56 | 0.55 | 0.56 | +0.04 | +7.69 | 20,414,770 | 11,431,170.00 | N/A |
| 05 Sep, 2014 | 0.50 | 0.52 | 0.50 | 0.52 | +0.02 | +4.00 | 56,764,030 | 29,294,830.00 | N/A |
| 04 Sep, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 1,398,800 | 699,400.00 | N/A |
| 03 Sep, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 562,278 | 281,139.00 | N/A |
| 02 Sep, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 53,900 | 26,950.00 | N/A |
| 01 Sep, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 600,000 | 300,000.00 | N/A |
| 29 Aug, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 6,900 | 3,450.00 | N/A |
| 28 Aug, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 6,900 | 3,450.00 | N/A |
| 27 Aug, 2014 | N/A | N/A | N/A | 0.50 | +0.00 | +0.00 | N/A | N/A | N/A |
| 26 Aug, 2014 | 0.50 | 0.50 | 0.50 | 0.50 | +0.00 | +0.00 | 50,960 | 25,480.00 | |
It gained 4% on Friday and 7.69% yesterday. Today it gained another 7.14% to close at 60kobo per share with 18.2million unit worth N10.9million exchanging hands. For those looking to cash in, just remember this is a company that has been posting losses for the last three years and the new investment is no guaranty of an immediate reverse in fortune.