i have chosen FML as i thought they are a bunch of very talented australians with an exceptional good ground position.
i invested for the long term as i thought the management will be able to keep the balance between profitable production and exploration. - even after a possible GFCII.
i trusted the management that they would not sell focus in the long term (remember cb saying in an interview a few years ago "takeover - no way - hmmm - may be if they offer 1$ - har har")
i had the feeling that this is a company that is proud to be in australian hands.
i thought of Focus as a company that i'd work at. (thats an important point for me - i'd not invest in a company that i would not work at...)
With this last proposal most all of this changed (in my opinion) - and i'd better be prepared if things get worse ...
And for the record - i did not sell a single share sice last week - of course one should at least wait what mr. tag has to say...
so you sold today ? If you think one should not write anything to this - what is the reason for your post ?
FML Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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