"Second is a growing cash surplus from existing mining. Despite what the share price says Focus has been producing efficiently and profitably"
Really? The only thing growing is current liabilities. If you believe the old $20m profit a year rubbish while spending 2-4 times that amount I think you may be in trouble.
FML has under-performed because it has failed to make cash flow. I'm always surprised how easy it is to fool shareholders.
sp price, page-12
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $42.98M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $7.169K | 47.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72753 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 14055 | 2 |
View Market Depth
| Last trade - 15.33pm 13/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |