yes, brokers and in particular analysts have a lot to answer for.
I am continually stunned when a company is sold down after making eg. 70% profit increase but the sp is down because some dud head analysts thought it would be higher.
Why the hell does anyone listen to them at all - they are almost always wrong!
There are a couple of brokers and a few newsletters that I follow - and if you do the exact reverse of what they suggest then you win almost every time - amazing.
I do look forward to the day when fml pays a dividend - I know dividends have their downsides - but it certainly would put a floor under things - which is a good thing from a management pov.
After all a 4c stock paying a regular and growing 1c divvie is pretty hard to pass up.
have a great day
Pinto
FML Price at posting:
3.9¢ Sentiment: ST Buy Disclosure: Held
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