how good a deal is this!!, page-19

sydney 6791 - just goes to prove there are better Companies out there.
e.g. If you brought 1 Million shares on 11th June last year for around .057c in FML these would have cost you $57,000
if you brought a lesser amount e.g 100,000 shares in a company like RMS @ a cost of .455 on the same day these would have cost you $45,500
Your shares in FML @ TODAYS DATE WOULD BE $65,000
Your shares in RMS FOR THE SAME PERIOD WOULD BE WORTH $121,000.
This of course is hindsight but it is an exercise that i did when I was in Kalgoorlie June of last year.
I had been in FML since Nov 09 and had seen no real shift in the FML price.
It was a day traders & shorters dream.
Unfortunately I had been to the Nov 09 FML AGM and meet the Team from Focus and heard the story, at the time I had 50,000 shares which I increased up to 1,600,000 shares.
I forgot to stick to a formula which I swear by:-
Low numbers of shares on issue, Cash in Bank- no debt, Huge Resource - FML formula did not meet the shares on Issue.
During the time I was with FML I brought 300,000 EKM share @ .105c and needless to say within 3 months of buying these I made a huge profit, lucky I didnt have all my eggs in the one basket.
It is a lesson that even an old fella still can get caught on.. I no longer own FML and have made nice returns on other stocks since, you can not get married to your stock choices if you hope to make money for lifestyle & living.