FML 0.00% 15.0¢ focus minerals ltd

what the!!, page-11

  1. 561 Posts.
    "i'd pick Goldman/volatile POG/GFC II/Volcanic Ash/Earthquakes/Sovereign debt and a lacklustre Gold Sector before I chose the share reg as the reason for a lowly SP."

    Hi Choo
    all of the above are recent events with the exception of GCFII, although I,m not convinced there is another GFC looming.

    Back on 18/1, FML was .078 with 157m shares turnover. They were .052 on 26/3.

    A 2.6c (33%) drop from a penny stock is a fair chunk.

    FML share performance is as irrational as the Dow.

    I was silly enough to convince myself that when Baker Steel offloaded, that the main manipulator had gone. Not so.

    I bought into FML as an LT (3 lots) in Sept 09 with an ave @ .057c. ( 7 months on-still 057c!). I can only keep on buying at this price.

    The purpose was to bonus up the retirement pot, to fund all the extra curriculae that retirees have, world trips etc.

    I still have 2 years to go and believe FML will produce the goods, but my questions keep arising.

    Is this stock currently undervalued?

    Why a 33% lack of interest on a stock that is touted to become a strong mid tier producer.?

    Over the past few weeks the POG was steadily rising to $1160+, yet FML didn,t make it over .060 until the Mount ann.
    That appears to indicate POG is not a big factor for FML atm.

    Therefore, is the FML share price being suppressed deliberately in Australia on a daily basis.?

    I might send these questions to FML, as in previous interviews
    i,ve listened to, the questions to management were as hard hitting as a custard pie.

    To the consolidation lobbyists.. Check out Elders consolidation, then come back to HC and tell us all that it is still your preferred battle cry.

    Cheers










 
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Mkt cap ! $42.98M
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15.0¢ 30000 1
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