FML focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-164

  1. 1,730 Posts.
    "The $US is heading for wallpaper status. The US will owe China trillions of rolls of wallpaper when the QE3 sets in.
    No qualms with China buying up gold..Wish India would do the same."

    FML print shares at a great rate than the US dollar.

    From 25m shares on issue to 9billion in a little over 10 years is at a far greater rate than the "$US printing press".

    Do the sums, it's a lot higher than 50% per annum!

    FML share register has hyperinflation along with negative long-term shareholder return.

    10yr -7.2%

    Companies need to organically grow for positive share holder return, not through printing new shares every year.

    Don't believe the spin.



 
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(20min delay)
Last
37.5¢
Change
-0.020(5.06%)
Mkt cap ! $107.4M
Open High Low Value Volume
39.5¢ 39.5¢ 37.0¢ $97.47K 260.5K

Buyers (Bids)

No. Vol. Price($)
2 102000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 7000 1
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Last trade - 15.27pm 18/07/2025 (20 minute delay) ?
FML (ASX) Chart
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