Hi Markco,
agree with your charts.
The results don't look good for FMS, the wording "encouraging results" in the announcement can also be considered as a hint to actually bad results. They just don't wanna publicly spook investors, thus the cautious wording.
The market Cap is still extraordinarily high, 160 M $ market Cap with a non-Jorced resource, a lot of impurities in the FE and especially other iron ore juniors, miners trading at all time lows.
I remember myself being a promoter of MXR ( Kevin Wills second company) and only considering the positives while I forgot about the risks, the negatives, and other concerns due to my one-eyed views. I guess I just didn't want to admit to myself that I could have been wrong with my decision to invest in that company.
Some people who were non-stock holders finally enlightened me and I realized that i was constantly day dreaming about those conceptual targets which we considered to be in the ground inevitably . I sold out prior to the results and spared myself a lot of cash due to listening to some objective views.
I guess a lot of ppl are doing the same mistakes in here because they get all worked up about this stock and fall in love with FMS.
I hope some ppl will realize the truth behind this company and are aware of the 160 M $ market Cap being unreasonable for what they've done yet. I am not trying to downramp as I am by no means interested in investing in this mob again.
Good luck to all holders.
Cheers
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Last
87.0¢ |
Change
-0.010(1.14%) |
Mkt cap ! $173.8M |
Open | High | Low | Value | Volume |
87.5¢ | 87.5¢ | 87.0¢ | $3.589K | 4.103K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1795 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1795 | 0.870 |
1 | 5753 | 0.860 |
1 | 882 | 0.850 |
1 | 10000 | 0.840 |
1 | 15 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 20000 | 1 |
0.885 | 602 | 1 |
0.890 | 2368 | 1 |
0.910 | 20000 | 1 |
0.950 | 8667 | 1 |
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