replace mgt and board, page-33

morning balmersdog,

that is always the problem with looking at surface level. It is one thing to look at the figures and then another thing to look at the reasons for the figures.

That difference in perception is exactly one of the differences that make the difference between being extremely wealthy and an also ran.

Tell us what you think about the reasons and then give us your opinion please.

I note with interest that cikku did not take up the challenge to suggest what our current management could or should have specifically done to change the direction of our share price.

It is all too easy to stand on the sidelines and bark opinion - it's like complaining about hospital food or similar.

It is totally another issue to suggest what could of and can be done.

Why can't some of you get it through your thick heads that stock prices sometimes move against the fundamental movement.

How many times do you have to be told and to read that stock prices NEVER relate to stock VALUE?

Do you actually think the market is logical?? Haven't you noticed that human beings are an emotional creature and not a logical creature? If you haven't noticed - just what have you been noticing?

For god's sake - spend $20 and buy yourself a copy of Peter Lynch's 'One up on wall street'--- if you live by it you will make a fortune - assuming that your psychology lets you think you deserve it - which it probably doesn't - so you should spend another $200 on books that teach you why.

For some of my mates here - my movement in fml lately has been - nothing - I am holding. I would be adding if I had the funds available but I have other positions I am desperate to add to before fml.

fml remains a very good story for me and it is a major part of my portfolio and I am very happy with it ------- I follow the story NOT the price - I am an investor NOT a trader.

If you want a good example of how to make billions - try Peter Lynch as I said -- back yourself and don't worry about what the market thinks all the time.

I hope you all have a great day and I hope to meet some of you at the gold coast conference in sept.

Pinto