FML 3.57% 14.5¢ focus minerals ltd

jumpstarta lot of points I'm happy to take on boardGuess I have...

  1. 12,605 Posts.
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    jumpstart

    a lot of points I'm happy to take on board


    Guess I have to admit to being frustrated with this stock as I still see the potential and upside but this has been "money parked"

    Biggest point for me:

    I am an armchair critic - period

    I'm not at the "coal face" - never walked the geology nor am I privy to day to day running of operations, exploration, development and management.

    I simply have to look at figures being released (and of course other ann) and apply my business knowledge and that just says:

    Right here and now: margins are not ideal and the cash position worries me.

    Last night ECB meeting turned out exactly as I thought and gold going soft - despite quite a few punts being taken yesterday.

    See how we do today - but for me it is imperative that FML can show it can survive with a POG of 1400 (as stated some time ago) .

    Current markets favour those who are willing to trade - the old style of "investing" in a company seem to be over.

 
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Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $41.55M
Open High Low Value Volume
14.0¢ 14.5¢ 14.0¢ $13.80K 98.2K

Buyers (Bids)

No. Vol. Price($)
5 81170 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 8470 2
View Market Depth
Last trade - 15.36pm 01/07/2024 (20 minute delay) ?
FML (ASX) Chart
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