Big RR,
SBM has about a billion less shares (even after EO) and will produce well over twice the Au as FML this year (as you said). Throw in that SBM is a proven producer and that'll make up a few extra cents. The rest is sentiment/manipulation and a few boxes left for FML to tick. (Of course SMB has a bit of debt and higher costs, too, so LT it's FML for me - in case you're wondering why I'm posting on FML and not SMB)
Cheers,
C12
Patersons did a valuation back in July (?) and had a target price for FML of 6c. Have seen nothing since.
http://www.focusminerals.com.au/documents/research/fml_r_20090730.pdf
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52454 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 21268 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52454 | 0.135 |
2 | 20009 | 0.130 |
3 | 62595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 21268 | 2 |
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.175 | 16889 | 3 |
Last trade - 10.02am 04/09/2024 (20 minute delay) ? |
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FML (ASX) Chart |
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