FML 7.14% 15.0¢ focus minerals ltd

Someone is pushing down the price, page-16

  1. 3,958 Posts.
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    Yes it is - if the BOD was doing something and informing the market.


    Unfortunately this lot is not and my sentiment is that they appear to have let slip opportunities. There appears to be a common Modus with a lot of Chinese investment around Australia in various sectors.

    Ownership or part ownership of Australian assets appears to be bragging rights firstly with, secondly a reluctance to listen to operational managers' advice and missing opportunities due to obfuscation and lack of commitment with 'penny wise and pound foolish' decision making.

    FML is  boring as bat.... with woeful information flow and appears to be the death of a thousand cuts.

    It would be good if this lot restructure and get on with it however, I don't expect anything positive going on the last three years' performance.

    I'll just put the last couple of grand's worth in the bottom drawer until Christmas and my expectation of potential Au movement, and secretly hope someone at the Co. can instill some performance paradigm into the seat warmers at the office - if none ... maybe I'll buy a drone if enough $ are left. - A fitting toy to remind one of the activities of the BOD & management team .


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