hey guys....
Well we all knew that it had to be both cap and debt raising...well done to FML..they have a potentially fantastic resource....however
The writing was on the wall of a cap raising...and with the sp aroung the high 5s, odds on that it would be around there. Experience told me to sell......especially when there wasnt enough steam to break into the 8s..and so i did at 7.8 making an overall loss..Unfortunately whether FML are in a halt or not...we should see a drift to 5.5c....A great pick up would be around 4.5-5c IMHO....
I still havent changed my valaution of FML at around 20c (MC 180-200Mil) but it will take probably another 3-4 months before it gets going.
I hope im wrong and wish all the best to the current and loyal holders. Cya around July08
In this market Cash is King..
30 million buyout., page-10
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Last
13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
View Market Depth
| Last trade - 15.46pm 25/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |