FML
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0.00% 13.5¢ focus minerals ltd

hey asic, we're over here!!, page-11

  1. asf
    9,887 Posts.
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    14/03/13
    16:50
    Post #: 11539228
    Albaman, I got the FML share consolidation idea from this research report- bottom of p.14:

    http://www.focusminerals.com.au/wp-content/uploads/2012/12/fml3dec2012.pdf

    "At some stage, FML ideally needs to consolidate its shares (possibly on a 30 for 1)."
    ____________

    May not happen, of course. MOY had it mentioned by an analyst, too. Share consolidations- or the threat thereof- can spook the market. But really, I think this share price cooling is about the results.
    FML Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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