FML 3.70% 14.0¢ focus minerals ltd

should i buy, page-21

  1. 500 Posts.
    Zooma and Nomates, glad to know I'm not alone. Advice noted and working on :)

    I just wanted to say to those investors who jumped on the bandwagon at it's peak, you have still picked up bargains. 14c is still not representative of FML's true value. I was going to pick up at 11c, but financial circumstances wouldn't allow at the time. Patience is a virtue and good things always come to those who wait. I'm making paper losses on most of my bluechips at the moment and those making money have been chopped down, but I feel good, because they're all paying dividends shortly, and most have DRP's, so I get to buy more cut price stocks without having to lift a finger.....as few and far between as the dividends are. In addition, the wife will be oblivious....tee hee. Don't get me wrong, I love my wife very much.

    Nicholg20, if FML is in the process of arranging finance, this doesn't necessarily have to be declared to the market. Businesses raise investment grade debt all the time, and if they had to announce each debt raising, that's probably all we'd hear from them. But rest assured, if major debt has been raised, this will be announced, so this tells me that the debt that we are assuming is being raised at present, is just for cash flow purposes. Nothing to worry about!

 
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Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $40.11M
Open High Low Value Volume
14.5¢ 14.5¢ 13.5¢ $12.79K 91.36K

Buyers (Bids)

No. Vol. Price($)
1 60148 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 14983 1
View Market Depth
Last trade - 15.59pm 19/07/2024 (20 minute delay) ?
FML (ASX) Chart
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