FML 3.70% 14.0¢ focus minerals ltd

1.4 ?, page-21

  1. 5,948 Posts.
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    Hi Reiner,

    I really loving guessing games when I was a kid.
    I was rubbish at charades and those Trivial Pursuit ones.

    Now an adult, I just find those, "guess what I know" questions kind of tedious.

    So, what reason do you think? Or was it purely rhetorical?

    My answer will be somewhere between " a fool and his money is soon parted" all the way through to "they have obtained illegal insider information". It can't be because they are an informed and knowledgeable market participant, because nothing has changed, no info released....only POG. If its only POG, its a punt, high risk speculation.

    They may well be doing what John Templeton did after a market collapse, put $1 into a hundred shares. most came good and made a fortune.

    Any better reasons? The only fact you can draw from this is that FML are at almost nothing prices. Stating the obvious, nothing else.
 
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