FML 3.70% 14.0¢ focus minerals ltd

stone, page-33

  1. 495 Posts.
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    Ed wrote...

    "a) Too many shares and is very much a penny stock.

    b) Management out of the blue makes a bid for a marginal
    company that the CEO *HOPES* he can turn around and make profitable.

    c) High cost producer."

    If you had done yr homework like I have you would realise that there was nothing OUT OF THE BLUE about this T/O and that OUR company bases its HOPE on lots of researched facts after months of Due Diligence and also on past experience running its own operations.

    I have had numerous talks with FML mgt over past couple of months to back up my opinion of their approach to this T/O.

    I wrote a long-winded post about a week ago outlining my reasons for believing in FML and I CLEARLY stated I would love to see the SP higher...it seems whenever someone tries to answer in a constructive manner you just bung on the FML Lovefest crap.


    Ed do us a favour...take yr hands off the keyboard--pick up the phone and call mgt & tell them what a lousy job they are doing...then we wont need to read such ill-informed rubbish as below

    b) Management out of the blue makes a bid for a marginal
    company that the CEO *HOPES* he can turn around and make profitable.

    btw I am not saying this T/O is a no-brainer but I am certain that they have been thorough in their research. Mgt will be judged on the outcome in due time but to suggest they did it on a whim is nonesense

    Good Luck all
 
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