FML 12.5% 13.5¢ focus minerals ltd

what is wrong with mgt !!, page-4

  1. 325 Posts.
    What is wrong with the market may well be a better title for this thread. I had a small parcel of fml and sold for a small profit, but have watched the sp and forums since. At the moment I do not have any shares, but as soon as one of my other holders moves I will be back in. Unfortunately for FML unless you play the market, their share price does not reflect their true position. Then again the price of the US dollar does not necessarily reflect their true economic position either. I do not think that one can blame the management for the lack of continued upside in the sp, other than that so many capital raisings have been done to date to get where they are. Myself I feel that this is a must buy and sit, if the market does not catch up with the share price, the dividends eventually will.
    happy trades
 
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