Hi Pintohoo,
I agree with everything that you have posted and so do many other posters.
However, the reality is the share price is doggedly stuck at .051/.052/.053.
TI may be a company maker but if we take TI out of the equation, how is it that FML is .051c.
FML has gone from low .06c to low .05c over the last few months with a rising au price.
IMO the market is always spot on with price.
I don't get why, in the face of a possible turn of fortune, that the market has not only driven down the price but, why there is a daily churn that seems to be marginal for even day traders.
I started adding significant buys to my FML holding at .055 and.053 and now I am feeling that I have pulled the wrong trigger.
My questions to you and CW and Kal is why is the SP stuck in a low hole?
and Why is FML being sold off in large numbers. The trades are not those of day traders IMO.
The sellers are lined up every day and the buyers buy more and the sellers sell more. Churning and Churning or so it seems.. and at .052c
I don't mind churning and trading but the market is telling me that FML is 15% devalued from its mid .06c price and all this while TI is on the horizon.
It is great to have good posts on why we should buy FML and what it is going to do for us. However, the reality is FML isn't delivering on the rising au price.
Another thing that confounds me is that the sales pitch comes from HC posters and not the company.
We have to wait for three months for a quarterly and yet FML could easily give market updates as do so many iother companies
Just sounding off and looking for answers!
Cheers
Mulac1
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $802 | 5.754K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 19859 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14865 | 0.135 |
6 | 71439 | 0.130 |
2 | 11763 | 0.125 |
3 | 37787 | 0.120 |
2 | 18181 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 19859 | 1 |
0.150 | 144463 | 7 |
0.155 | 18648 | 2 |
0.160 | 82359 | 5 |
0.165 | 36616 | 2 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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