FML 5.13% 18.5¢ focus minerals ltd

sh activity, page-3

  1. 87,869 Posts.
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    hi reiner,

    well I hope you are incorrect with your 50% premium opinion.

    I think I am the wrong bloke to be thinking about this -

    the way I see it is that 50% gives us say 7.5c per share.

    But most people I talk to think fml is truely worth somewhere between 10 and 20c???

    Why would so many sell at 7.5?

    Also I noticed that the other day my friend cw suggested that we attribute no value (zero) to TI.

    Ok, I can see where he is coming from (in that context - valuing it in your own portfolio) ------------ BUT, would we still consider it NO VALUE in a takeover?

    Buggered if I would.

    Like I say, I think I am the wrong bloke to be thinking about this - because I believe this company has one of the greatest futures I can see on the board - AND I would fight to the death.

    Sure I would have a price - but it would be a hell of a price - especially before knowing what deano is going to get his bit stuck into at TI -- why the hell would I risk giving away something that could easily be a St Ives or a superpit - for 'NO VALUE' - for my money they can get stuffed. And, if we do get some wanker who has a cheap shot - then I will light this board up myself and hang the consequences.

    have a great weekend.

    Pinto
 
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18.5¢
Change
-0.010(5.13%)
Mkt cap ! $53.01M
Open High Low Value Volume
18.5¢ 19.0¢ 18.5¢ $13.12K 70.76K

Buyers (Bids)

No. Vol. Price($)
1 15000 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 118797 4
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Last trade - 15.45pm 01/11/2024 (20 minute delay) ?
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