FML 3.70% 14.0¢ focus minerals ltd

this thread is boring., page-7

  1. 2,793 Posts.


    when was the last time someone did a thorough valuation on this company?

    as a back-of-the-envelope exercise i quickly compared it to SBM and CRK - FML looks like SBM the most in terms of reserves, the total shares outstanding, and moving towards half the present prodn of SBM - yet SBM (which does have a complicated book) has an SP of 35 cents, yet FML only 5.6 cents...

    what am I properly missing here?

    i don't hold so have no interest in ramping - just looking for a decent explanation as to why this SP appears to be floating so low

    good luck
 
watchlist Created with Sketch. Add FML (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $40.11M
Open High Low Value Volume
13.5¢ 14.0¢ 13.5¢ $497 3.569K

Buyers (Bids)

No. Vol. Price($)
1 14865 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 22044 1
View Market Depth
Last trade - 12.22pm 08/10/2024 (20 minute delay) ?
FML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.