Yeah, yeah, same old "I am a long term holder so SP means nothing to me etc". Cmon, I have been a long term holder since 2007, is that long enough? When does one expect a return? I have held for 4 years, do I have to wait ten?
I bought into the COMPANY (bigtime) due to their purchase of TI, and did DD before that. Then out of the blue they announce a takeover of CRE and dilute shares, that is after diluting to raise cash. Where were these actions disclosed on the website?
To be clear, if FML raised funds at 7.6c, then due to good news at TI went to say 9c and then due to the latest crash back to say 8c, I would be their biggest fan.
And if/when the SP is going up and great results are being announced, I will also sing their praises. But while the market frowns on the CRE takeover and the SP performs worse that many other junior miners, I will call a spade a spade.
I wonder if some of you will have any superlatives left if/when this company really does do well ; )
IE
lets compare apples to apples, page-27
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $655 | 4.768K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2332 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 63338 | 5 |
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| Last trade - 15.30pm 27/09/2024 (20 minute delay) ? |
| FML (ASX) Chart |