FML 7.14% 15.0¢ focus minerals ltd

Ann: December 2022 Quarterly Activities Report, page-33

  1. 5,948 Posts.
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    My 2 cents to all posters after my earlier post.

    SD wants its money back plus.

    I commented that means they will want to have as big a dividend payout as possible while keeping FML liquid. Local investors will want a piece of that dividend action.

    SD will be both a capper every time price goes above their optimisation calculation of dividend + increased sp. Initially they won't be capping in order to maximise their annual dividend. As time passes they can sell their shares and optimise between the dividend stream. Perversely, as tired holders, we will do better than newbies/late comers .. as it should be. Then there is also the future potentials identified by others that could periodically stoke the fire.

    SD would certainly be aware that they need to play a straight bat. One option is possible i.e. a sale to clean hands once they get a track record, but this also plays into what I wrote above. If POG gets healthier would be a bonus on top of everything else.

 
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