Chart - FML, page-7

I am strongly of the opinion that the one thing most likely to be holding the share price down is the sale of Lloyd Miller's 10M or so shares. Maybe the executors don't share his belief in goldies, or in Focus, or the beneficiaries want their inheritance asap. We know they have sold a lot in recent time and the way the sellers come in look very like a big player. You see very few sellers at the beginning of the day, then when a bit of steam builds up, a big seller swoops and unloads a good size parcel. Happens most days. You also see a fair amount of manipulation; a few shares bought at a higher price to tempt buyers into offering more. Mind you, the manipulation seems to be happening both ways, so there might be a large buyer at work at the same time. Don't know why they don't just get their brokers to agree on a price and swap a huge parcel. That would leave the market to find its own level. MY belief is that it would be much higher than at present, especially as the announcements re start of mining in two locations become firmer.

I increased my holding a couple of months back, and am waiting (mostly patiently) to see what happens as production begins.