Pranav1980,
You continually lambast this stock and the people who hold the stock - and only ever refer to the poor performance of the share price when doing so. I am a holder - do you think I am happy with the current SP performace? Really - what do you hope to achieve by constantly taking joy in other peoples losses. I pity you for having to find solace in this.
You fail to realise, that when anyone purchases shares, they do so because they feel it is undervalued. You never ever buy shares at the peak (unless you are shorting it). So, whenever you purchase shares, you yourself are saying that "this stock is undervalued". You always buy shares which you feel are not being valued correctly by the market based on expected (or your predicted) future performance of the company.
This is fact - or should be.
This means that, every time you buy shares, you are buying into a poor performer or under performer. That is it. Don't come crowing about FML being sick, because when you buy shares, you also buy into something sick, something not loved, the next big thing in the hope that it will come off.
Here we are now. FML has performed poorly. FML has made mistakes. FML has not rewarded most shareholders. I am not arguing these points.
In my opinion, and the books back this up, FML IS UNDERVALUED. Irrespective of Shandong's involvement in the company, the assets exceed the current market cap of the company taking little, if anything, into account of resources and reserves and future potential. When is the future - I really can't put a timeline on it.
I honestly don't know how people appreciate any value in your posts when you add essentially, no opinion on FML; nothing of substance at least. I don't care if your opinion is wrong, just provide something tangible rather than "ASX high, FML low) - we already know that and it is a waste of space.
It takes a lot for me to get frustrated, but you my friend, seem to be able to press my buttons. Congratulations. I hope you receive some reward / return in life for being super negative and finding joy in other peoples shortcomings and misfortune. Well done.
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $47.28M |
Open | High | Low | Value | Volume |
16.0¢ | 16.5¢ | 16.0¢ | $3.25K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 120650 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9159 | 0.155 |
1 | 25340 | 0.150 |
1 | 479241 | 0.145 |
2 | 23627 | 0.140 |
2 | 41138 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 120650 | 2 |
0.175 | 11067 | 2 |
0.180 | 4002 | 1 |
0.190 | 31322 | 1 |
0.195 | 102564 | 1 |
Last trade - 15.53pm 15/10/2024 (20 minute delay) ? |
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