FML 2.63% 19.5¢ focus minerals ltd

>>hot tip for hot copperites<<, page-7

  1. 624 Posts.
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    I sold half my FML for 5.2c just under two weeks ago when it had that big volume spike. I wanted to reduce my exposure to FML as it had not performed as I'd expected.

    I wonder how far FML might go now? I can see 6c being reached if you imagine an ABC pattern is in place from last Thursday's dip.

    I have had some of my FML (previously ATX) over a year and my average buy price is 4.96c.

    29/11/2005 Sell FML 40000 0.052 19.95 2060.05
    12/08/2005 Buy ATX 40000 0.043 0 1720
    11/08/2005 Buy ATX 10000 0.041 19.95 429.95
    27/04/2005 Buy ATX 20000 0.05 19.95 1019.95
    1/07/2004 Buy ATX 10000 0.084 19.95 859.95
    12/01/2004 Sell ATX 10000 0.225 19.95 2230.05
    16/12/2003 Buy ATX 5000 0.16 0 800
    15/12/2003 Buy ATX 5000 0.16 19.95 819.95

    I did not like FML droping below 4c last month but if they do rise to 6c or beyond - well all is forgiven.
 
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