FML 11.5% 11.5¢ focus minerals ltd

gold tops $900 on haven demand as equities dro, page-9

  1. 4,420 Posts.
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    well, I have to confess to being depresssed about FML sp performance. Gold price is hitting OZ 1360$, US$906; the quarterly is in, and there are some good new deeper hits around their operating orebodies, plus decent production and on track to meet their 50000 oz target. They are one of only a handful of producers, and their cash cost is quite low.....and the sp is now tracking sideways or even falling.........The mkt rated this at 5-9 c much of last year when Au prices were much lower, and now as this thing is hitting all of its targets the sp is sitting at a quarter of that 2008 price. In the short to medium term what else can they do? And if nothing can be done (the mkt always buys in anticipation of something happening), are we staring down the barrel of more sp loss?
 
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Last
11.5¢
Change
-0.015(11.5%)
Mkt cap ! $32.95M
Open High Low Value Volume
12.5¢ 12.5¢ 11.5¢ $3.285K 28.21K

Buyers (Bids)

No. Vol. Price($)
1 40000 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 8690 1
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Last trade - 11.36am 09/08/2024 (20 minute delay) ?
FML (ASX) Chart
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