FML 3.45% 15.0¢ focus minerals ltd

sp growth and strong future, page-6

  1. 2,388 Posts.
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    hi ewart

    i have been refraining from singing the praises of fml's organic growth at the moment,as a few others have,while this CRE deal settles out one way or another.

    Plus why would i want to encourage others to buy when i'm stocking up at these bargain prices.

    Now that i'm done outa cash,it's still time to stay mum as i look ahead at what i believe was FML's real reason for accummulating that $40m cash.

    I think CRE just fell into their lap,being too good to refuse($13m cash) and got ahead of another move----time will tell if i'm right and that move may cost them more cash with the delay unfortunately.
    Given such well connected management,i'm probably more wrong than right in any guess i can make putting coincidences together.

    Either way it's going to be a profitable ride on this unstoppable steamroller.

    DYOR-You know someone's mad when you think your the only sane one about.
 
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