Thank you for your positive responses.
My pessimistic views are simply coming from their track record over the past 10+ years.
The facts are since SH took control of FML the share price has plummeted from $2.50 to 16.5 cents.
I agree buying now could be the right time to capitalise on the low share price but for me I'm 650 grand in the hole and just can't justify spending another penny on a foreign controlled company. As far as the share price rising and stabilizing remember there is an Elephant in the room namely the Lloyd family beneficiaries.
Ann: December 2022 Quarterly Activities Report, page-15
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Last
16.5¢ |
Change
0.020(13.8%) |
Mkt cap ! $47.28M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 16.5¢ | 14.5¢ | $9.976K | 68.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24701 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 9616 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| FML (ASX) Chart |