"..FML is a marginal producer at lower POG and hence very risky
.."
That's the point. Hence sp leverage on increased pog is reduced. Until C1 costs below AUD750 I regard it as risky, despite pog, especially given AUD exchange rate appreciation potential, shares on issue and a rubbish Federal Government. Not all FML's fault i realise.
"..did you noticed 6 mnths ago.."
Several years ago FML was down to sub 3cps. Earlier, ie late 2007 it was 14cps. Now we have a much lower price AND vastly more shares on issue. Point again is that FML has continued to disappoint and dilute with a sp performance that is pathetic. The contined dilution (latest will be CRE)is what rankles most.
Additionally nobody now talks much about the coming (I'm supposing) future SC. I do not imagine that will help the sp either.
Anyway, the post that originally got this started made a comparison between MML and FML. They cannot be compared.
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13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $37.25M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $4.572K | 34.43K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10776 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 33082 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10776 | 0.115 |
1 | 100000 | 0.110 |
2 | 7871 | 0.105 |
1 | 20000 | 0.090 |
1 | 208058 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 29731 | 1 |
0.135 | 166836 | 3 |
0.140 | 29476 | 1 |
0.145 | 16700 | 3 |
0.150 | 54554 | 2 |
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